HC Deb 01 March 1955 vol 537 c257W
112. Mr. Osborne

asked the President of the Board of Trade the rates of interest charged per annum for hire purchase in the main trade groups; and what steps he proposes to take to control them so as to effect a reduction.

Mr. H. Strauss

The rates of interest charged for hire purchase vary considerably according to the circumstances of individual transactions, and it would be misleading to give particular rates. My right hon. Friend does not propose to control rates of interest for hire purchase.