HC Deb 10 May 1922 vol 153 cc2193-4
90. Mr. KILEY

asked the Chancellor of the Exchequer whether he is aware that the Stock Exchange Committee are allowing their members to charge the public on pre-War carry-over 9 per cent, interest, notwithstanding the reduction of the deposit rate to 2½ per cent.; and that the committee promised the Government in 1914 that members of the Stock Exchange would hand on to their clients any advantage that a reduced rate of interest by the joint stock banks might give them, and whether the Government intend to take any action in this matter?


This is a matter for the Committee of the Stock Exchange, in which I do not propose to intervene.