The Rt. Hon. Sir John Major KG CH

Prime Minister of Great Britain and Northern Ireland 1990-1997

Chief Secretary (1987-1989)

Mr Major’s Written Parliamentary Answer on Interest Rates – 27 October 1988

Below is the text of Mr Major’s written Parliamentary Answer on Interest Rates on 27th October 1988.

Mr. Blair To ask the Chancellor of the Exchequer if he will assess the impact of current interest rates on the economy.

Mr. Major I refer the hon. Member to the reply given earlier today by my right hon. Friend the Financial Secretary to a question from the hon. Member for Monklands, West (Mr. Clarke).