§ Mr. Matthew Banks
To ask the Chancellor of the Exchequer what changes are proposed to the quotas for lending to local authorities by the Public Works Loan Board. 
§ Mr. Kenneth Clarke
The Public Works Loan Commissioners have issued a circular today notifying local authorities that there will be no change in the formula for calculating quotas for 1997–98.
Copies of the circular have been placed in the Libraries of the House.