Borrowing Requirement

Mr. Cant
asked the Chancellor of the Exchequer whether, following meetings between the Bank of England and the Treasury, he is yet in a position to state whether he proposes to introduce a variable coupon or indexed gilt-edged stock, with a view further to reducing the impact of the public sector borrowing requirement on the money supply.

Mr. Joel Barnett
I have nothing to add to the answer I gave to my hon. Friend on 27th November 1975—[Vol. 901, c. 211.]