Hire Purchase Debt Cut by £100 Million

The Week Vol. 7, No. 4, 26 January 1967 · p. 7 of the scan · 67 words

The scan: The Week v7 no4.pdf (PDF, Marxists Internet Archive, opens at this page)

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from Tony Southall Hire Puchase debt fell by over £100 million between July and the end of November, aS a result of the credit squeeze. The drop in November alone was £22 million. New credit issued was only 715% of the average for Nov. 1961 and less than 70% of that for Nov. 1965. H.P. sales of durable consumer s0ods were down by 28% on November 1965.