§ Mr. Austin MitchellTo ask the Chancellor of the Exchequer what representations he has received on margins charged by banks over minimum lending rate; and what proposals he has for regulating these margins.
§ Mr. Norman LamontI have received a number of representations on this issue. My officials, together with the Bank of England, are looking at the concerns that have been raised. We will consider what—if any—action is necessary when we have established the facts.