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Debt Interest

Volume 974: debated on Wednesday 21 November 1979

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asked the Chancellor of the Exchequer, in view of the increase in the minimum lending rate to 17 per cent. on 15 November, if he will be revising his projections for debt interest as given in Cmnd. 7746; and, if so, whether he will give the new figures.

[pursuant to his reply, 20 November 1979]: It is not Government policy to release new projections for debt interest, in volume terms, except in public expenditure White Papers, and in current prices in the Financial Statement and Budget Report.