HC Deb 18 February 1948 vol 447 c1210
Mr. J. Edwards

I beg to move, in page 45, line 30, to leave out "and a half."

There was a good deal of discussion in Committee in regard to the figure of 5½ per cent. We were under considerable pressure to reduce it to 5 per cent. The matter has been re-examined, and we think that adjustment might in certain cases be of such an order as to produce difficulties. We have, therefore, decided to meet the views of hon. Members by reducing the figure to 5 per cent.

Mr. O. Poole

I take this opportunity to point out how amiably we were able to conduct these English affairs, as there was an alliance between the Communist Party and ourselves on this during the Committee stage. I am sure that this will be a great improvement to the Bill, and I thank the Minister on behalf of all concerned.

Amendment agreed to.

Further Amendment made: In line 32, leave out "and a half."—[Mr. J. Edwards.]

Clause, as amended, ordered to stand part of the Bill.