HANSARD 1803–2005 → 1990s → 1990 → February 1990 → 15 February 1990 → Written Answers (Commons) → NATIONAL FINANCE

Interest Rates

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HC Deb 15 February 1990 vol 167 cc333-4W 333W

§ 22. Mr. Knox
To ask the Chancellor of the Exchequer if he will make a statement about the current level of interest rates.

§ 52. Mr. Roger King
To ask the Chancellor of the Exchequer if he will make a statement on the current level of interest rates.

§ Mr. Ryder
Bank base rates are 15 per cent.

§ Mr. Vaz
To ask the Chancellor of the Exchequer what are the current short-term interest rates in(a) the United Kingdom and (b) West Germany.

§ Mr. Battle
To ask the Chancellor of the Exchequer what are the current short-term interest rates in(a) the United Kingdom and (b) West Germany.

§ Mr. Ryder
I refer the hon. Members to the reply that I gave to the hon. Member for Leeds, Central (Mr. Fatchett) on 15 February.

§ 26. Mr. Fatchett
To ask the Chancellor of the Exchequer what are the current short-term interest rates in(a) the United Kingdom and (b) West Germany.

§ Mr. Ryder
On 14 February three-month interbank rates were 15.1 per cent in the United Kingdom and 8.5 per cent. in Germany.
334W

§ 37. Mr. Salmond
To ask the Chancellor of the Exchequer what recent representations he has received from Scottish industry and other business interests about interest rate policy.

§ 38. Mr. Siliars
To ask the Chancellor of the Exchequer what recent representations he has received from Scottish industry and other business interests about interest rate policy.

§ Mr. Ryder
My right hon. Friend has received a number of such reperesentations.

§ 49. Mr. Fearn
To ask the Chancellor of the Exchequer what plans he has for reducing interest rates this year.

§ Mr. Ryder
There will be no early relaxation of policy. Interest rates will remain high for some time to come.