HC Deb 06 July 1971 vol 820 c313W
25. Mr. Geoffrey Finsberg

asked the Chancellor of the Exchequer if he will take steps to remove from the terms of reference of the Page Committee the subject of personal loans which the Trustee Savings Bank Movement wishes to introduce, so that the scheme which has been approved by the National Debt Office can now proceed without further delay.

Mr. Maurice Macmillan

The terms of reference do not specifically include personal loans but they would involve a major change in the rôle of the Trustee Savings Banks. Therefore I am clear that the scheme, which the National Debt Office has not approved, ought not to go ahead until the Page Committee has reported.