HC Deb 12 July 1965 vol 716 c28W
Sir C. Osborne

asked the Chancellor of the Exchequer, since the hire purchase debt increased by £21 million in May against £18 million in April, and now stands at the record figure of £1,178 million, against £1,024 million a year ago, what new restrictions he will impose on the home market so as to drive more goods to exports; and if he will make a statement.

Mr. Callaghan

The statutory minimum down-payment required in most hire purchase transactions was increased on 3rd June, and I expect subsequent figures for the change in debt outstanding to reflect this.

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