HC Deb 30 October 1956 vol 558 c137W
Mr. Lewis

asked the Chancellor of the Exhequer on how many occasions he has increased the bank rate generally and the interest rate charged on loans to local authorities in particular.

Mr. H. Macmillan

In the last five years, Bank rate has been increased on five occasions and reduced twice, while the rates of interest charged on loans to local authorities from the Local Loans Fund have been raised on nine occasions and reduced on three occasions.