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Lord Myners told the BBC's Today programme he was "not aware" of any Whitehall figures raising the issue with the Bank of England.
BBC: Lord Myners: 'I didn't speak to anybody about Libor'
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They were about raising interest rates to double figures to confront inflation, and raising taxes, in the teeth of high and rising unemployment, in 1981.
BBC: Margaret Thatcher: Economic legacy of an Iron Lady
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But Democrats went into the rare joint hearing raising questions about the figures Petraeus would be presenting and putting the focus on the White House, not the general or the ambassador.
CNN: Petraeus: Troop withdrawals by year's end
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The agency is more interested in boosting these figures than in raising the value of the property.
ECONOMIST: One town's ambitious adventure into municipal capitalism
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Japan's economy stopped contracting in the final quarter of 2012, figures have shown, raising hopes of a recovery.
BBC: Japan growth figures lift recovery hopes
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In the footage, one of the figures can be seen raising an arm and four flashes can be seen.
BBC: Malakai McKenzie shooting: Court hears of gang feud
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To stanch the talent drain, Hennessy figures his best shot is raising the payoff from the intellectual excitement of research.
FORBES: Gilding The Ivory Tower
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The ECB signaled Thursday that it might hold off on raising interest rates as quickly as many had earlier figures.
FORBES: Would The Silver Medalist Please Stand Up?
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However, chief executive Bob Dudley said the figures showed "strong progress" at BP, which is raising the quarterly dividend by 12.5%.
BBC: BP profits fall but dividend is raised 12.5%
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Bebo hopes to tap even bigger audience figures -- through "KateModern" -- as a route to raising advertising revenues.
CNN: Fast forward: Broadband drama
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The latest figures reflect efforts to raise revenues, from levying VAT on fizzy drinks in Maharashtra to raising stamp duty.
ECONOMIST: India��s public debt
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The figures for these underperforming schools were revealed by the head of the government's unit for raising standards in education, Michael Barber, at a conference in the United States on failing schools.
BBC: Hundreds of schools 'failing'