HC Deb 17 February 1959 vol 600 c46W
Mr. A. Lewis

asked the Paymaster-General whether he will ensure, when arranging the terms of the Treasury loan to Messrs. Colvilles, 'hat the period of repayment and interest rates charged will be on a par with that operating in the recognised money market, and that no special or favourable terms will be granted to Messrs. Colvilles.

Sir I. Horobin

I would refer the hon. Member to paragraphs 5 and 11 of the Heads of Agreement between Her Majesty's Government and Messrs. Colvilles which were circulated in the OFFICIAL REPORT for 21st January; and to the answer which I gave to the hon. Member for Loughborough (Mr. Cronin) on 9th February.