HC Deb 04 February 1969 vol 777 c61W
Mr. Prior

asked the Chancellor of the Exchequer how many times he has increased Public Works Loan Board interest rates in the last 18 months.

Mr. Harold Lever

Since 30th June, 1967, the P.W.L.B. rates of interest on quota loans have been changed 14 times. On 10 occasions rates were increased; they were reduced on two occasions and twice there were both increases and decreases.

Over the same period, P.W.L.B. non-quota rates have been changed 13 times; on 10 rates were increased and on three there were reductions.