HC Deb 19 February 1963 vol 672 c29W
62. Mr. G. Thomas

asked the President of the Board of Trade whether he will assist the furniture trade by reducing the deposit required for the public to obtain furniture by hire purchase.

Mr. D. Price

As my right hon. Friend said in reply to my hon. Friends the Members for Wycombe (Mr. John Hall) and Cardiff, North (Mr. Box) on 24th January and 1st February, he has decided to assist the furniture industry by permitting "Add-to" agreements to be made without payment of a further deposit. He does not consider that on economic grounds there is at present a case for reducing the deposit in other cases.

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