§ Lord Spensasked Her Majesty's Government:
Whether they were aware of the role of the Bank of England in 1991 in arranging £40 million of facilities with the National Westminster Bank for City Merchant Bank and whether they can confirm that these facilities were made available to City Merchant Bank against a secret indemnity from the Bank of England.
The Earl of CaithnessIt is for the Bank of England to determine its policy on answering questions concerning its relationships with particular financial institutions.