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 Dafydd Wigley Mr Dafydd Wigley , Caernarvon 12:00 am, 5th March 1979

In view of the high level of interest rates and the likelihood that they will remain at this level for a time, is the right hon. Gentleman satisfied that adequate funds are available for industry and in particular small companies which are starting up for the first time? Would it be helpful to have a low-interest fund available to these companies?