Nigel Lawson on decision to put up interest rates

Title

Nigel Lawson on decision to put up interest rates

Genre

Interview

TX Date

5 Oct 1989

Year of production

1989

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Duration

00:04:53

Description

Douglas Moffitt interviews UK Chancellor Nigel Lawson, about the decision to put interest rates up to their highest level for eight years as part of a worldwide move to dampen down inflation. Millions of people now face higher repayments on mortgages, loans, overdrafts and hire-purchase agreements.

Contributors

Nigel Lawson; Douglas Moffitt

Keywords

Inflation; Economics; Interest rates; Loans; Mortgages (loans)

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