HC Deb 03 December 1979 vol 975 c36W
17. Mr. Alan Williams

asked the Secretary of State for Wales what estimate he has made of the impact of current interest rates on business in Wales.

Mr. Nicholas Edwards

While high interest rate are unwelcome to business, they are an essential means at this stage of controlling the money supply and reducing inflation, which in the end will benefit business and the country as a whole.

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