Orders of the Day — Hire Purchase and Credit Sales

Part of the debate – in the House of Commons at 12:00 am on 12th March 1956.

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Photo of Mr Harold Wilson Mr Harold Wilson , Huyton 12:00 am, 12th March 1956

If it is the fact, as the hon. and learned Gentleman said, that the motor car industry, for example, has expanded at a rate which the Government do not now regard as satisfactory, so that it has to be damped down, will he explain to the House why the Government last year permitted the motor car industry to expand so much more in terms of factory building when we are told by the Chancellor of the Exchequer that it is that factory building and investment which is causing the present economic crisis?