Price Competitiveness (Manufacturers)

HC Deb 26 June 1996 vol 280 c129W

Mr. Austin Mitchell

To ask the Chancellor of the Exchequer what is the effect of the present level of real interest rates on the price competitiveness of British manufacturers on overseas markets. [34481]

Mrs. Knight

Real interest rates are one of many factors which may have an effect on the price competitiveness of British exports of manufactures.