The Economy

Part of Council Tax Rebate – in the House of Commons at 3:49 pm on 31st March 2009.

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Photo of Alistair Darling Alistair Darling The Chancellor of the Exchequer 3:49 pm, 31st March 2009

I want to make more progress before giving way again.

It is important to remember that the fiscal action we have taken is reinforced by the monetary action taken by the Bank of England. Interest rates have fallen quite dramatically in the past few months, which is helping millions of people in this country—mortgage holders as well as business people.

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