HC Deb 19 January 1984 vol 52 cc272-3W
Mr. Gould

asked the Prime Minister whether the Government will take steps to bring about a fall in interest rates regardless of the level of interest rates in the United States of America.

The Prime Minister

Firm control of public sector borrowing has contributed to reductions in United Kingdom rates relative to United States rates over the past year. The only way to secure a lasting fall in interest rates is to maintain sound financial policies.

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