Political response to the cut in interest rates

Title

Political response to the cut in interest rates

Genre

News report; Interview; Parliamentary debate

TX Date

27 Jan 1993

Year of production

1993

Play audio

To listen to the audio files, please log in.

Duration

00:02:46

Description

Political correspondent Kevin Murphy reports on the one percent cut in interest rates to boost business confidence and economic recovery and no one telling Michael Heseltine. Includes reaction from Prime Minister John Major speaking from India; Chancellor Norman Lamont; shadow Chancellor Gordon Brown; Commons speech by Conservative MP Ray Robertson with reply by Leader of the House Tony Newton. Sound is in mono.

Contributors

Norman Lamont; John Major; Tony Newton; Raymond Robertson; Kevin Murphy

Keywords

Inflation; Business; Unemployment; Michael Heseltine; Economic systems; Interest rates; Economic recovery; Economic growth

The copyright of audio recordings in the LBC / IRN Digitisation Archive is owned by Global Radio UK Ltd.