§ 25. Dr. Kingasked the Minister of Education if he will reconsider his decision further to limit the amount that local education authorities are permitted to expend on capital projects out of revenue.
§ Sir E. BoyleNo, Sir.
§ Dr. KingIs the Minister aware that Hampshire Education Committee has to find an extra £120,000 in increased interest charges as a result of Government policy and that it wants to rid itself of some of the crushing burden of usury at 7 per cent. by providing capital projects out of revenue? Why does the Minister not leave the local education authorities alone? Why does he put a check on them?
§ Sir E. BoyleMy right hon. Friend regrets the necessity for these further restrictions, but I do not think it was unreasonable to make a slight offset 555 against what will be very substantial increases in my right hon. Friend's Vote made necessary on other grounds.