Written question asked by Lord Lester of Herne Hill (Liberal Democrat), in the House of Lords. It was due for an answer on Tuesday, 24 June 2003. It was answered by Lord McIntosh of Haringey (Labour) on Tuesday, 24 June 2003.

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McIntosh of Haringey, Lord

Question

In the context of the decision to join the euro-zone, what is their understanding of the likely effect of variable rate financing in the United Kingdom housing market on consumer spending. [HL 3335]. - Inc ref to 'UK membership of the single currency: An assessment of the five economic tests' (Cm 5776).

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Secondary information

Type

Written question

Reference

HL 3335; 650 c14WA

Session

2002-03

Subjects

Consumers Expenditure Interest rates Economic and monetary union Euro Mortgages Housing market