§ Mr. Adam Butlerasked the Secretary of State for the Environment if he will take steps to give regional water authorities flexible borrowing powers and permit them to borrow at the best obtainable rates of interest instead of tying them to long-term fixed interest loans, from the National Loans Fund.
§ Mr. Denis HowellI would refer the hon. Member to my answer of 30th January in reply to the hon. Member for Oswestry (Mr. Biffen).—[Vol. 885, c.239.]