HC Deb 21 March 1957 vol 567 cc530-1
13. Mrs. White

asked the President of the Board of Trade if his attention has been drawn to the fact that film producers who were obliged to obtain loans from the National Film Finance Corporation prior to 9th March, owing to failure to re-enact legislation before that date, are obliged to pay interest for the additional period; and if he will take steps to arrange for such interest to be waived.

Sir D. Eccles

I have asked the National Film Finance Corporation to see that film producers are not put to extra expense in this way.

Mrs. White

Is the right hon. Gentleman aware that we are most gratified to have that reply, because we were informed that film producers had to pay 6½ per cent. interest on many thousands of pounds for a number of weeks? We are delighted to know that the Government have taken these steps to put right an injustice which they created by their own laggard legislation.