§ Mr. Deakinsasked the Secretary of State for Trade and Industry if he will make a study of the effect of discounts charged to retailers by banks on credit 48W card purchases, particularly in impelling retailers to raise their prices in order to compensate for the discount.
§ Sir G. HoweI am not satisfied that it would be right to devote official resources to such a study at present, though I am watching the effects of recent developments carefully.