HC Deb 07 October 1931 vol 257 cc1107-8W
Mr. WELLOCK

asked the Financial Secretary to the Treasury what is the present rate of interest on advances made by the Public Works Loans Board to local authorities for the purposes of homing, and on what date the last alteration in the rate of interest was made?

Major ELLIOT

The present rate is 4¾ per cent., which came into operation on 1st September, 1931.