LBC/IRN · London Broadcasting Company

Title

Hostile reaction to interest rates rise

Genre

News report; Interview

TX Date

7 Dec 1994

Year of production

1994

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Duration

00:03:44

Description

Brian Ging reports on hostile reaction to Chancellor Kenneth Clarke’s interest rates rise announced this morning, with fears over its effect on business and the housing market. Includes interviews with Charles Toner, Managing Director of Abbey National; Richard Brown, Chamber of Commerce; Shadow Treasury spokesman Alistair Darling; Paddy Ashdown, Liberal Democrat leader; Nicholas Winterton, rebel Tory MP.

Contributors

Richard Brown; Nicholas Winterton; Paddy Ashdown; Brian Ging; Alistair Darling; Charles Toner

Keywords

Industry; Inflation; Economics; Economic policy; Interest rates; Economic growth; Mortgages (loans); Kenneth Clarke

The copyright of audio recordings in the LBC / IRN Digitisation Archive is owned by Global Radio UK Ltd.