Commons debate on pre-Budget Autumn Statement
- Title
- Commons debate on pre-Budget Autumn Statement
- Genre
- News report; Speech; Parliamentary debate
- TX Date
- 12 Jan 1989
- Year of production
- 1989
- Play audio
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- Duration
- 00:04:40
- Description
- Paul Rowley reports on the Commons debate on the pre-Budget Autumn Statement. Chancellor of the Exchequer, Nigel Lawson defends the need to control inflation by raising interest rates. Shadow Treasury Secretary, Gordon Brown and Liberal Democrat spokesman Alan Beith criticise Lawson’s handling of the economy. Conservative backbencher Sir Peter Hordern calls for Britain to join the European Monetary Union. Treasury Secretary, John Major speaks in support of the Statement.
- Contributors
- Nigel Lawson; John Major; Paul Rowley; Alan Beith; Gordon Brown; Peter Hordern
- Keywords
- Government; Inflation; Conservative Party; Economic systems; Interest rates; National budgets; International monetary systems
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