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Orders of the Day — New Towns Bill

Part of the debate – in the House of Commons at 12:00 am on 28th November 1957.

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Photo of Mr Gilbert Mitchison Mr Gilbert Mitchison , Kettering 12:00 am, 28th November 1957

The right hon. Gentleman must be fair about that. They are now paying 7 per cent. for their money, and that is reflected in the rents. What happens when this is done is that the Treasury saves money and the inhabitants of the new towns have to pay higher rents.