§ 36. Mr. Le Marchantasked the Chancellor of the Exchequer what steps he proposes to take to control the money supply in the remainder of the current financial year.
§ Mr. BarberI cannot anticipate what further action, if any, may be necessary.
§ 40. Mr. Bruce-Gardyneasked the Chancellor of the Exchequer what is his latest estimate of the increase in money supply.
§ 43. Mr. Kenneth Bakerasked the Chancellor of the Exchequer what was the increase in the money supply in each of the first three quarters in 1970.
§ Mr. BarberIn each of the first three quarters of the calendar year, the money supply (M3) rose by £99 million, £646 million and £240 million, respectively, after seasonal adjustment.
§ Mr. Dykesasked the Chancellor of the Exchequer if he will make a statement on the expected growth in the money supply for the calendar year 1970 and the fiscal year 1970–71.
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§ Mr. HigginsThe figures for recent quarters are published in the December issue of theBank of England Quarterly Bulletin. With regard to the remainder of the financial year, my right hon. Friend's intention remains to keep the growth of the monetary aggregates firmly contained.