§ Sir W. JENKINS
asked the Financial Secretary to the Treasury if he will consider taking steps to reduce the interest charged on existing loans to local authorities from the Public Works Loan Board; and what is the interest now charged upon loans granted by this board?
§ Mr. HORE-BELISHA
I would refer the hon. Member to the answer given by my right hon. Friend to the hon. Member for the Loughborough Division (Mr. Kimball) on 16th November, and to the reply which I gave to the hon. Member for East Woolwich (Mr. Hicks) on 10th November.