§ Mr. Arthur Lewisasked the Chancellor of the Exchequer when the hon. Member for West Ham, North, will receive the communication promised to him on Friday, 25th October concerning matters pertaining to the take-over bid of the News of the World by the Pergamon Press Limited and the inflationary nature of these activities.
§ Mr. Harold LeverI wrote to my hon. Friend on 5th November.
§ Mr. Arthur Lewisasked the Chancellor of the Exchequer when the hon. Member for West Ham, North, will receive the communication promised to him concerning 72W the growing practice of firms making take-over bids, at sometimes double the market value of the shares, and of the bank borrowings to finance these take-overs; and whether he has now decided to refer these matters to the National Board for Prices and Incomes to investigate to what extent these activities are of an inflationary nature.
§ Mr. Harold LeverI wrote to my hon. Friend on 5th November.