HC Deb 12 February 1986 vol 91 c489W
Mr. Campbell-Savours

asked the Chancellor of the Exchequer if he will make a statement on the implications for the economy of the recent level of interest rates.

Mr. Ian Stewart

The level of interest rates is only one of the factors affecting the economy. This year we expect the economy to continue the steady growth that we have seen for the past five years.

Mr. Bruce

asked the Chancellor of the Exchequer if he will give the United Kingdom's present position with regard to the level of interest rates in the Organisation for Economic Co-operation and Development league tables; and if he will make a statement.

Mr. Ian Stewart

Interest rates in several OECD countries are higher than in the United Kingdom.

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