Economic crisis for sterling

Title

Economic crisis for sterling

Genre

News report; Interview; Speech; Parliamentary debate

TX Date

14 Jan 1985

Year of production

1985

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Duration

00:06:02

Description

Report on the latest economic crisis for sterling and increase in the base interest rate to 12 percent, with concerns over inflation and higher mortgage rates. Includes Commons exchanges between Chancellor Nigel Lawson and Shadow Chancellor Roy Hattersley; reaction from Director-General of the CBI Sir Terence Beckett and Brian Firmin, Abbey National Building Society. Female reporter not identified.

Contributors

Roy Hattersley; Terence Beckett; Nigel Lawson; Brian Firmin

Keywords

Inflation; Economic systems; Interest rates; Mortgages (loans)

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