Local Authorities (Short-term Borrowing)

HC Deb 31 January 1963 vol 670 c229W

86. Mr. Sydney Irving

asked the Chancellor of the Exchequer whether he plans to restrict short-term borrowing by local authorities.

Mr. du Cann

As my right hon. Friend the Chancellor has stated the subject of local authority temporary borrowing is under study, but I am not yet in a position to make a statement about it.