§ Mr. Arthur Lewisasked the Chancellor of the Exchequer if he will introduce legislation to control the powers of merchant banks to lend money, in the same way that the clearing banks are restricted.
§ Mr. Roy JenkinsNo. Requests for restraint on lending comparable to that applicable to the clearing banks have been made to and acted on by the accepting houses and other banks in the United Kingdom and I see no need to introduce legislation.