§ Mr. Wrigglesworth
asked the Chancellor of the Exchequer (1) if he will list the benefits at present available to Bank of England staff for cheap loans for private education, housing or any other use;
(2) when the negotiations between the Bank of England and its staff organisation on staff benefits began.
(3) what cuts in staff benefits the Bank of England is proposing to its staff organisation.
§ Mr. Denzil Davies
As the Government's reply to the Seventh Report of the Select Committee on Nationalised Industries states, the terms and conditions of service of the staff of the Bank are determined by the Court of Directors under section 3 of the Bank of England Charter 1946, and my right hon. Friend is therefore not concerned in their negotiations with the staff organisation.