HC Deb 15 February 1973 vol 850 c396W
57. Mr. Arthur Lewis

asked the Secretary of State for Trade and Industry whether he is aware that some public companies are charging excessive interest rates on second mortgages; and whether, in support of the Government's counter-inflationary measures, he will, either in his forthcoming budget or by special legislation, seek to control the amounts of such interest charged.

Sir G. Howe

The application of profits control to financial institutions under the second stage of the counter-inflation programme is under consideration.