HC Deb 08 April 1930 vol 237 cc1948-9
48. Mr. McENTEE

asked the Chancellor of the Exchequer whether in view of the recent reductions in the bank rate, he can see his way to reduce the rate of interest now being charged to local authorities on money borrowed from the Public Works Loan Fund?

Mr. PETHICK-LAWRENCE

I would refer my hon. Friend to the reply which I gave to the hon. Member for Birkenhead East (Mr. White) on 27th March.