§ Mr. Wrigglesworthasked the Chancellor of the Exchequer in what ways the Bank of England is involved in formulating and executing the Government's industrial strategy.
§ Mr. Joel BarnettThe Bank of England has not been a direct participant in the initial formulation of the Government's industrial strategy, but the Bank's contribution to economic and financial policy has been a necessary background to it. The Bank participates where appropriate in handling issues which arise as the strategy is developed, and is represented, for example, on Sir Eric Roll's Committee on Finance for Industry.