HC Deb 12 November 1968 vol 773 cc69-70W
66. Sir C. Taylor

asked the Chancellor of the Exchequer what is the policy of Her Majesty's Government towards the decision of the Bank of England to call in a United States business efficiency firm.

Mr. Harold Lever

The employment by the Bank of American consultants is a matter of internal management, and as such is for the Bank to decide.

Mr. Arthur Lewis

asked the Chancellor of the Exchequer whether he is aware that the Bank of England are calling in United States management consultants to investigate the Bank's management and methods; and whether Her Majesty's Government have been asked to assist in these investigations.

Mr. Harold Lever

The Answer to the first part of the Question is Yes; and to the second part, No.