HC Deb 28 November 1985 vol 87 cc659-60W
23. Mr. Skinner

asked the Chancellor of the Exchequer what recent discussions he has had with the Governor of the Bank of England regarding the state of Johnson Matthey Bank; and if he will make a statement.

Mr. Ian Stewart

My right hon. Friend the Chancellor meets the Governor regularly for confidential discussions about a wide range of matters.

32. Mr. Flannery

asked the Chancellor of the Exchequer what information was available to him on the position of the Johnson Matthey Bank when a decision was made to effect a rescue operation.

Mr. Ian Stewart

As my right hon. Friend the Chancellor told the House on 17 December last year, at column 23, the Governor notified him of the action which the Bank intended to take shortly before the rescue of JMB was announced.