§ 30. Mr. CousinsTo ask the Chancellor of the Exchequer what assessment he has made of the effect of the Government's monetary policies on the value of companies quoted on the London stock exchange. [83218]
§ Mr. MilburnMaintaining low and stable inflation is the best contribution monetary policy can make to the Government's goal of high and stable levels of growth and employment. Economic stability is good for companies' performance and may be one of several factors behind recent equity market valuations.