§ 53. Mr. Stokes
asked the Chancellor of the Exchequer whether he now controls the fixing of the Bank Rate?
§ The Chancellor of the Exchequer (Sir Kingsley Wood)
Under Clause 2 of the recent Emergency Powers Regulations and within the ambit of those Regulations I have power to give directions in this matter.
§ Mr. Craven-Ellis
Could the right hon. Gentleman exercise the authority which he states that he now has?