HC Deb 14 January 1988 vol 125 c389W
45. Mr. John Townend

To ask the Chancellor of the Exchequer what estimate he has made of the relative benefit to British industry of 1 per cent. off interest rates as compared with 1 per cent. off pay rises.

Mr. Lilley

I refer my hon. Friend to the reply I gave earlier today to my hon. Friend the Member for Esher (Mr. Taylor).

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