41. Mr. Alan Lee Williamsasked the Chancellor of the Exchequer whether he will seek powers to enable building societies to release more of their reserve funds for house purchasing, thus enabling the interest on mortgages to be lowered and more people with modest incomes to buy their own homes.
§ Mr. CallaghanI would refer my hon. Friend to the reply which I gave on 1st August to my hon. Friend the Member for Whitehaven (Mr. Symonds).