§ Mr. Gwilym Robertsasked the Chancellor of the Exchequer if, in view of the success of the £500 million cushioning arrangement made with and provided by the Treasury to building societies in 1974 to avoid increases in mortgage interest rates, he will discuss with the Building Societies Association similar steps aimed at curbing the projected interest rate increases to 14 per cent. or 15 per cent.; and it he will make a statement.
§ Mr. LawsonI shall let the hon. Member have a reply as soon as posible.