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Scottish Economy

Volume 977: debated on Thursday 24 January 1980

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30.

asked the Chancellor of the Exchequer what representations he has received from Scotland regarding the impact of his monetary and high interest rates on the Scottish economy.

Among the representations I have received about the economic impact of monetary policy, a smallproportion have been especially concerned with Scotland. High interest rates are of course a matter of equal concern in all parts of the United Kingdom.