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Written question asked by David Drew (Labour) on Friday, 14 November 2003, in the House of Commons. It was due for an answer on Tuesday, 18 November 2003. It was answered by Ruth Kelly (Labour) on Tuesday, 18 November 2003 on behalf of the Treasury.


Treasury

Question
To ask Mr Chancellor of the Exchequer, if he will publish the evidence produced by research he has commissioned on the impact of a rise in interest rates on consumer debt. - Inc ref to 'EMU and the Monetary Transmission Mechanism' and 'Housing, Consumption and EMU'
Answer

Mr. Drew: To ask the Chancellor of the Exchequer if he will publish the evidence produced by research he has commissioned on the impact of a rise in interest rates on consumer debt. [139428] Ruth Kelly: HM Treasury published evidence on the link between interest rates and consumer behaviour in June 2003 as part of the EMU Five Tests Assessment, in the supporting studies on `EMU and the Monetary Transmission Mechanism' and `Housing, Consumption and EMU'.


Secondary information

Type
Written question
Reference
139428; 413 c723W
Session
2002-03
Subjects
Consumers Debts Credit Increases Interest rates Research
Link
View this Written question on www.publications.parliament.uk