Rise in interest rates of 2 percent
- Title
- Rise in interest rates of 2 percent
- Genre
- Interview
- TX Date
- 16 Sep 1992
- Year of production
- 1992
- Play audio
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- Duration
- 00:02:07
- Description
- Interview with Mark Boleat, Building Societies Association, about the decision of Chancellor Norman Lamont to raise interest rates by two percent as the pound continues to slide on the European Exchange Rate Mechanism (ERM). He says the immediate future for the housing market is gloomy. Female interviewer not identified.
- Contributors
- Mark Boleat
- Keywords
- Housing; UK; Exchange rates; Economic policy; Interest rates; Building societies; Economic recession; Europe; Banks; Currencies; International monetary systems; Mortgages (loans); Norman Lamont
The copyright of audio recordings in the LBC / IRN Digitisation Archive is owned by Global Radio UK Ltd.
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