The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Ovenden
asked the Secretary of State for the Environment what approaches were made to him by the Building Societies Association prior to the announcement of increased mortgage interest rates on Friday 10th November; and what discussions were held about the prospect of short-term Government assistance to the societies.
Mr. Armstrong
The Government were notified before the announcement. No discussions took place.