Oral Answers to Questions — Building Societies' Interest

Part of the debate – in the House of Commons at 12:00 am on 29th April 1947.

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Photo of Mr Robert Mellish Mr Robert Mellish , Bermondsey Rotherhithe 12:00 am, 29th April 1947

asked the Chancellor of the Exchequer if he will take powers to compel building societies to reduce their interest charges on enemy-destroyed houses to 2½ per cent.; and if he is aware that the Halifax Building Society and Cooperative Building Society have already reduced their charges to 2½ per cent.