HC Deb 03 May 1971 vol 816 c290W
Mr. Deakins

asked the Chancellor of the Exchequer if he will give an assurance that he will not accept any limitation on his freedom to alter the Bank Rate, in the event of the United Kingdom joining the European Economic Community.

Mr. Higgins

Members of the Community change their bank rates to suit their own economic and monetary needs. If the United Kingdom became a member of the Community it would have course, have the same freedom as other members in such matters.

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