HC Deb 20 July 1989 vol 157 c256W
Mrs. Gorman

To ask the Chancellor of the Exchequer if he will list in theOfficial Report the current level of base, or equivalent, interest rates in all European Community countries.

Mr. Lilley

There are no direct equivalents to United Kingdom base rates in the other European Community countries. The table below shows short-term interest rates in the EC countries on 18 July.

Short-term interest rates in the European Community countries1
Rates
Germany 7.1
France 9.1
United Kingdom 13.9
Italy 12.6
Spain 15.7
Netherlands 7.2
Belgium 8.5
Portugal 12.5
Greece 20.5
Denmark 9.5
Ireland 9.6
Luxembourg2 8.5
1 3 month interbank rates for all countries except Portugal (3 month Treasury bill rate).
2 No separate interest rate data is available for Luxembourg. Figure given is Belgian rate.

Mr. Battle

To ask the Chancellor of the Exchequer if he will list every change in the rate of interest since 1979(a) by date of change and (b) by percentage change.

Mr. Lilley

The information requested is published in table 13.10 ofFinancial Statistics and table 200 of the Economic Trends annual supplement.

Mr. Battle

To ask the Chancellor of the Exchequer what has been the average annual rate of interest every year snce 1979.

Mr. Lilley

The information requested is published in table 13.15 ofFinancial Statistics.