Revolving Fund for Industry (Applications)

Part of Oral Answers to Questions — Trade and Commerce – in the House of Commons at 12:00 am on 8th April 1954.

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Photo of Mr Peter Thorneycroft Mr Peter Thorneycroft , Monmouth 12:00 am, 8th April 1954

I could not answer the second part of that supplementary question without notice. There are a great number of industries that would feel that they would benefit from certain facilities for borrowing money, but I think it is right to concentrate lending to those cases from which real advantage to productivity may accrue through lending.