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Mr. Alan W. Williams
To ask the Chancellor of the Exchequer if he will make a statement on interest rates.
Mr. Ryder
Bank base rates are 15 per cent.
Mr. Flynn
To ask the Chancellor of the Exchequer what new intitiatives he plans to reduce the level of interest rates.
Mr. Ryder
The Government will not reduce interest rates until that can be safely done without risk to inflation.