§ Mr. Skeetasked the Chancellor of the Exchequer what programme he has in mind for diminishing interest rates for the house purchaser; to what extent the 11 per cent. currently being paid on mortgages could be reduced by adopting his proposals; and in what period of time.
§ Mr. DellThe Government are considering urgently how best to deal with the difficulties now affecting mortgages, in consultation with the Building Societies Association.
§ Mr. Richard Wainwrightasked the Chancellor of the Exchequer whether he will cancel the current directive to major banks, which causes them to pay a lower rate of interest on normal-size savings deposited with them than on large deposits.