§ Mr. Jayasked the President of the Board of Trade whether loans to the motor industry for expansion schemes under the Distribution of Industry Act, or Local Employment Bill, will bear interest; and at what rate.
§ Mr. MaudlingThe Development Areas Treasury Advisory Committee has not yet made a recommendation on any of the applications submitted to it. In any event, I could not disclose without the consent of the firms concerned the terms of any assistance which might be given to them.