Chancellor states interest rates may have to rise

Title

Chancellor states interest rates may have to rise

Genre

News report; Speech

TX Date

20 Oct 1989

Year of production

1989

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Duration

00:03:22

Description

Paul Rowley reports on Chancellor Nigel Lawson’s annual address to city financiers at the Mansion House in London covering rise in interest rates, rejection of credit control and joining the European Exchange Rate Mechanism. Includes speech excerpts. For breakfast programme.

Contributors

Nigel Lawson; Paul Rowley

Keywords

Politics; Labour Party; Inflation; Housing; Monetary policy; Economic policy; Economic systems; Interest rates; Europe; Currencies; Single currency (Europe); International monetary systems; Gordon Brown

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