HC Deb 21 October 1991 vol 196 c366W
20. Mr. Alan W. Williams

To ask the Secretary of State for Wales what is his latest estimate of the date at which economic activities in Wales will begin to increase.

Mr. David Hunt

Our forecast is that recovery will take place during the second half of this year. All the conditions for recovery are right—inflation and interest rates have reduced dramatically in the last few months and surveys show that confidence is growing.