Oral Answers to Questions — Local Loans Fund (Interest Reduction)

Part of the debate – in the House of Commons am 12:00 am ar 20 Mai 1947.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr George Drayson Mr George Drayson , Skipton 12:00, 20 Mai 1947

Does not the Chancellor of the Exchequer agree that this benefit to local authorities will be completely nullified by the fact that local authorities can no longer earn any money on the balances they may deposit in the banks?