HC Deb 26 April 1990 vol 171 c307W
9. Mr. Corbyn

To ask the Chancellor of the Exchequer when he next expects to meet representatives from the Building Societies Association to discuss the present level of interest rates.

Mr. Major

Next month.

19. Mr. Fraser

To ask the Chancellor of the Exchequer what are the current short-term interest rates in(a) the United Kingdom and (b) West Germany.

Mr. Ryder

On 25 April three-month interbank rates were 15.3 per cent. in the United Kingdom and 8.4 per cent. in Germany.

35. Mr. Matthew Taylor

To ask the Chancellor of the Exchequer what is the average level of commercial interest rates in the European Community and in the United Kingdom.

Mr. Ryder

On 25 April, three-month nominal interest rates were 15.3 per cent. in the United Kingdom and 11.2 per cent. in the European Community as a whole.

Mr. Lewis

To ask the Chancellor of the Exchequer what proposals he has to review the Government's interest rate policy.

Mr. Major

Interest rates will continue to be kept as high as needed to reduce inflation.