§ Sir C. Osborneasked the Chancellor of the Exchequer in view of the fact that the Bank Rate was five per cent. in October, 1964, that it has since been eight per cent. and is now at seven-and-a-half per cent., if he will take steps to reduce the level of borrowing by nationalised industries and Government spending departments.
§ Mr. Harold LeverI have nothing to add to my right hon. Friend's Budget statement on the subject of the level of borrowing by the nationalised industries and the Government generally.—[Vol. 761, c. 268–9; 301.]