HC Deb 09 November 1988 vol 140 c239W
Mr. Austin Mitchell

To ask the Chancellor of the Exchequer whether he will include in theOfficial Report a table showing the expansion of domestic credit in cash terms and as a percentage of M3 at the beginning of each period for each of the years 1980 to 1987 and for each quarter since the beginning of 1986; and if he will specify in each case the contribution made by the overseas sector.

Mr. Lilley

An article in the June 1983 Bank of EnglandQuarterly Bulletin explained why domestic credit expansion was no longer an appropriate aggregate in changing monetary circumstances and why it would no longer be published. Prior to that time, data was established both in the Bank of England Quarterly Bulletin and in Financial Statistics.