Easier .Hire Purchase ,for Coaches
Page 41
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COLLOWING representations to the I Board of Trade about the effect of hire-purchase restrictions on the purchase of coaches for the tourist industry,. the Board is now prepared to consider issuing licences to permit new hire-purchase agreements for coaches to be used for tours.
Agreements would provide for repayments in unequal amounts so long as half of the balance remaining, after the 50-per-cent. deposit had been paid, was payable in each of the two years allowed.
Applications should be made to the Industries and Manufacturers Department, Division 2 of the Board of Trade, Horseguards Avenue, London, S.W.1. lA letter on the subject of hire-purchase for coaches appears on page 303.
Editorial comment is made on page 278.] YORK PARKING BAN
ASCHEME for the prohibition of parking between 8 a.m. and 8 p.m. in many of the narrow streets in the centre of York is to be submitted by York City Council to the Minister of Transport for . confirmation. In the streets affected, loading and unloading of vehicles will be permitted, as will the parking of building-construction or service vehicles.