§ Mr. FrenchTo ask the Chancellor of the Exchequer what plans he has to make retail banks pass on the interest rate cuts more rapidly to their customers.
§ Mr. NelsonMy right hon. Friend the Chancellor announced at the Treasury and Civil Service Select Committee hearing on 16 November that he intended to ask the Bank of England to have another look at the interest rates the banks charge their business customers and also to meet the bank chairmen when he has the opportunity.