HC Deb 27 March 1969 vol 780 cc354-5W
Mr. Brooks

asked the Chancellor of the Exchequer whether, in the light of the decision of the Leek and Westbourne Building Society to maintain its present interest rates to home purchasers, he will now ask the National Board for Prices and Incomes to investigate the reasons which have led other building societies to increase their rates.

Mr. Roy Jenkins

This society's decision is entirely consistent with the general desire of the National Board for Prices and Incomes to see a greater degree of competition within the movement. It does not in my view call for a further reference to the Board at this stage, but as my right hon. Friend the Chief Secretary to the Treasury told the House last week, we shall keep in mind the possibility of a general reference at an appropriate time in the future.