HC Deb 24 June 1958 vol 590 c12W
52. Mr. Osborne

asked the Chancellor of the Exchequer why the Big Five banks are not permitted under his directions to engage in hire purchase transactions; and if he will make a statement on the situation.

Mr. Amory

The banks have been made aware throughout the period of credit restriction of the Government's wish that finance for hire purchase should be strictly limited. I do not think that any statement is called for at the present time.