§ 75. Mr. Molloy
asked the Chancellor of the Exchequer what are the anticipated effects on production of the recent restrictions on purchasing power.
§ Mr. Diamond
I expect the effect of the hire-purchase restrictions on production to be slight because increased export deliveries should partly compensate for the reduction in home demand.
As to the more recent measures, I would refer my hon. Friend to the statement that my right hon. Friend the Chancellor of the Exchequer made on Friday.