HC Deb 16 March 1981 vol 1 c24W
Mr. Craigen

asked the Chancellor of the Exchequer, pursuant to his reply to the hon. Member for Glasgow, Maryhill, of 9 March, if he will make the calculation of the likely reduction in public expenditure in a full year of a 1 per cent., 2 per cent. or 3 per cent. reduction in minimum lending rate on the basis of present public expenditure levels.

Mr. Brittan

I will let the hon. Member have a reply as soon as possible.