Interest Rates

Part of Oral Answers to Questions — Treasury – in the House of Commons am 12:00 am ar 13 Mawrth 1997.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Barry Sheerman Barry Sheerman , Huddersfield 12:00, 13 Mawrth 1997

The Chancellor cannot get away with this snapshot of the past two years. People want to know why the Government have not, in the past 18 years, kept long-term interest rates low. We have had the highest long-term interest rates in Europe, which has meant low investment and poor prospects for working people throughout this land.