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Loans, Sunderland (Interest)

Volume 498: debated on Tuesday 1 April 1952

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asked the Minister of Housing and Local Government what is the amount of interest charges on loans sanctioned by his Department so far as the county borough of Sunderland is concerned; and how these have been and will be affected by the recent increases in the Bank rate.

My right hon. Friend regrets that this information is not available. So far as the effect of the recent rise in the Bank rate on loans from the Public Works Loan Board is concerned, he would refer the hon. Member to the statement made by the Chancellor on 17th March in winding up the debate on the Budget.