Oral Answers to Questions — Minimum Lending Rate

Part of the debate – in the House of Commons at 12:00 am on 5th March 1979.

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Photo of Mr Ian Gow Mr Ian Gow , Eastbourne 12:00 am, 5th March 1979

Will the Chancellor of the Duchy of Lancaster tell the House and those who live in the Duchy what is his assessment of the influence on the minimum lending rate of the Government's present borrowing requirement? Will he do that in the context of what he said a moment ago, namely, that it is desirable to reduce the public sector borrowing requirement below the figure of £8,500 million?