§ 45. Mr. Richard Wainwright
asked the Chancellor of the Exchequer if he will make a statement about the growth of the money supply over the next 12 months.
§ 46. Mr. Watkinson
asked the Chancellor of the Exchequer if he remains satisfied with the level of increase in the money supply.
§ Mr. Robert Sheldon
As my right hon. Friend said in the debate on 11th October—[Vol. 917, c. 43]—the figures for the three months to mid-September showed that monetary expansion was proceeding at a faster rate than was consistent with our objectives. The measures taken during September and October were designed to bring the growth of the Money supply back on course.