§ Sir L. Lyleasked the Minister of Health if any estimate has been formed or suggested of the amount of the loans which will be required by local authorities for immediate post-war purposes.
§ Mr. WillinkIt is not practicable, without more knowledge of the conditions likely to obtain, in relation particularly to the availability of labour and materials and the cost of works, to form any reliable estimate of the loans which will be required by local authorities for immediate post-war purposes. The average amount borrowed by local authorities for capital purposes in the three years preceding the war was approximately £118,000,000.