HC Deb 12 March 1957 vol 566 c154W
78. Mr. Hector Hughes

asked the Secretary of State for Scotland if he will state the number and nature of representations made to him by local authorities in Scotland about the high rates of interest which they have to pay for money borrowed by them.

Mr. Maclay

During last year, representations about high rates of interest were received from 92 local authorities. The general tenor of the representations was to the effect that high interest rates added to the cost of essential works and imposed a heavy burden on local rates.