§ 58. Mr. Hamilton
asked the Chancellor of the Exchequer if he is aware of the increasing hardship imposed on people buying houses through building societies as a result of repeated increases in rates of interest ; and if he will introduce legislation to control these rates and thus alleviate such hardship.
§ Sir E. Boyle
No. My right hon. Friend cannot ask the House to insulate any particular class of borrower from the effects of monetary policy.