Interest Rates

HC Deb 25 June 1998 vol 314 c613W

Mr. Prior

To ask the Chancellor of the Exchequer what representations he has received on the level of UK interest rates. [46164]

Mrs. Liddell

We receive many representations on the monetary policy stance—some from borrowers wanting lower interest rates and some from savers wanting higher interest rates. None of them want a return to the boom and bust monetary policies of the past.