HC Deb 16 February 1971 vol 811 cc392-3W
Dr. Gilbert

asked the Chancellor of the Exchequer what estimate he has made of the increase in interest rates charged on borrowings from the commercial banks and in interest rates paid on deposits with the commercial banks, that would result from ending the bank cartel.

Mr. Maurice Macmillan

I would refer the hon. Member to the answer which my right hon. Friend gave to my hon. Friend the Member for Horsham (Mr. Hordern) on 15th December, 1970.—[Vol. 808, c. 1100.]