HC Deb 01 August 1984 vol 65 cc262-3W
Mr. Deakins

asked the Prime Minister what is the connection between strikes and the mortgage rate mentioned in her parliamentary answer of 24 July, Official Report, column 820.

The Prime Minister

Strikes can affect market confidence and therefore the general level of interest rates, including mortgage rates. Market concern over strikes contributed to the general rise in UK interest rates in the first half of July.