§ Mr. Mike Thomasasked the Chancellor of the Exchequer if he will estimate the effect on the retail price index of the increase of the minimum lending rate to 14 per cent.
§ Mr. LawsonThe increase in the minimum lending rate will have no direct effect on the retail price index.
§ Mr. Mike Thomasasked the Chancellor of the Exchequer what is his estimate of the impact on the retail price index of an increase of 1 per cent, in mortgage interest rates.
§ Mr. LawsonAn increase of 1 per cent, in mortgage interest rates would add about £ per cent, to the retail price index.
§ Mr. Mike Thomasasked the Chancellor of the Exchequer if he will estimate the effect on the retail price index of increased council house rents resulting from his cuts in local authority spending.
§ Mr. LawsonThe measures announced in the Budget are not expected to affect the level of council house rents.