HC Deb 07 July 1958 vol 591 c5W
Mr. Oram

asked the Chancellor of the Exchequer (1) whether he will state the dates during the last four years on which changes have been made in the Bank Rate; the new rates introduced on each of those dates; and on those same dates

CHANGES IN (1) BANK RATE AND (2) INTEREST RATES CHARGED TO LOCAL AUTHORITIES BY THE PUBLIC WORKS LOAN BOARD
Date of change Bank Rate Public Works Loan Board Rates on loans to local authorities of:
Not more than 5 years Over 5 but not more than 15 years Over 15 years
per cent. per cent. per cent. per cent.
Rates in force on 1st July, 1954 3
27th January, 1955
24th February, 1955
1st March, 1955 3⅛ 4
9th July, 1955
13th August, 1955 4⅛
7th September, 1955 5 5
14th January, 1956 5⅜
16th February, 1956 5⅜
24th March, 1956 5⅝
23rd June, 1956
20th October, 1956
7th February, 1957 5
16th February, 1957 5
13th July, 1957 5 6
19th September, 1957 7 6
28th September, 1957 7
25th February, 1958 7
20th March, 1958 6
22nd May, 1958
19th June, 1958 5