Investment Relief

Part of Oral Answers to Questions — Prices and Consumer Protection – in the House of Commons at 12:00 am on 11th October 1976.

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Photo of Mr Michael Neubert Mr Michael Neubert , Romford 12:00 am, 11th October 1976

What will be the effect on consumer prices of the £1 million a day extra cost to industry which the CBI believes to be the result of raising the minimum lending rate to a record 15 per cent.?