§ Mr. Arthur Lewisasked the Secretary of State for Employment and Productivity whether he is aware of the growing practice of firms making take-over bids, at sometimes double the market value of the shares, and of bank borrowings to finance these take-overs; and whether she will ask the National Board for Prices and Incomes to investigate to what extent these activities are of an inflationary nature.
§ Mr. Harold LeverI have been asked to reply. I am not yet able to give a reply but I will write to my hon. Friend.