HL Deb 27 July 1965 vol 268 c1186

I have decided to reinforce the hire-purchase measures. As from to-morrow the maximum repayment period of hire-purchase contracts will be reduced from 3 years to 30 months. This will apply to all goods which are now subject to hire-purchase control other than furniture, bedding, cookers and water heaters, for which the period will not he altered.

The Government will consult immediately with the Gas and Electricity industries to secure a reduction in promotional expenditure.