Parliamentary reaction to latest drop in inflation

Title

Parliamentary reaction to latest drop in inflation

Genre

News report; Interview

TX Date

12 Feb 1993

Year of production

1993

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Duration

00:02:19

Description

Paul Rowley reporting on Parliamentary reaction to the latest inflation figures, which show a fall to the lowest level for more than 25 years. Includes Chancellor Norman Lamont arguing the figures justify the Government’s tough and consistent policy, and defending his decision not to reduce interest rates. Labour Shadow Chancellor, Gordon Brown and Liberal Democrat Treasury spokesman Simon Hughes arguing the figures do not reflect a corresponding improvement in the economy.

Contributors

Norman Lamont; Paul Rowley; Simon Hughes; Gordon Brown

Keywords

Inflation; Economic systems; Interest rates; Government policy

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