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 Price Stability – 27 October 1988

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

Mr. Latham To ask the Chancellor of the Exchequer whether he will make a statement on progress in achieving the Government’s ultimate objective of price stability.

Mr. Major The Government’s decisive action in raising interest rates this summer shows our determination to keep on top of inflation.