HC Deb 11 April 1967 vol 744 c154W
52. Dame Irene Ward

asked the Chancellor of the Exchequer whether the London and Scottish clearing banks have agreed to a fixed lending rate of 5½ per cent. to shipowners making use of the Shipbuilding Industry Bill.

Mr. MacDermot

Discussions with the banks are not yet quite completed, but I have no doubt that this will be one element in the arrangements.