§ Sir C. Osborneasked the Chancellor of the Exchequer, in view of the fact that a reduction in the Bank Rate from 6 per cent. to 2 per cent. greatly assisted the recovery from the 1931 economic crisis, if he will now reduce drastically the Bank Rate from 8 per cent. and so encourage faster industrial expansion.
§ Mr. Roy JenkinsI can say nothing about future changes in Bank Rate.