38. Mr. Hookyasked the Chancellor of the Exchequer if he will consider extending the principle of a two-tier interest rate system within the United Kingdom following the successful application of this principle to housing subsidies.
§ Mr. Harold LeverNo. Where Government assistance is appropriate it is provided in the form most suitable for its object. A subsidy linked directly to interest rates is suitable in the case of local authority housing, but is not necessarily appropriate in other fields.