HC Deb 15 February 1990 vol 167 cc333-4W
22. Mr. Knox

To ask the Chancellor of the Exchequer if he will make a statement about the current level of interest rates.

52. Mr. Roger King

To ask the Chancellor of the Exchequer if he will make a statement on the current level of interest rates.

Mr. Ryder

Bank base rates are 15 per cent.

Mr. Vaz

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. Battle

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

I refer the hon. Members to the reply that I gave to the hon. Member for Leeds, Central (Mr. Fatchett) on 15 February.

26. Mr. Fatchett

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 14 February three-month interbank rates were 15.1 per cent in the United Kingdom and 8.5 per cent. in Germany.

37. Mr. Salmond

To ask the Chancellor of the Exchequer what recent representations he has received from Scottish industry and other business interests about interest rate policy.

38. Mr. Siliars

To ask the Chancellor of the Exchequer what recent representations he has received from Scottish industry and other business interests about interest rate policy.

Mr. Ryder

My right hon. Friend has received a number of such reperesentations.

49. Mr. Fearn

To ask the Chancellor of the Exchequer what plans he has for reducing interest rates this year.

Mr. Ryder

There will be no early relaxation of policy. Interest rates will remain high for some time to come.

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