§ Mr. Gwilym Robertsasked the Secretary of State for Prices and Consumer Protection what study he has made of 702W the increases in profits made by the major banks; and if he will refer banking profits to the Price Commission for a special investigation.
§ Mr. Maclennan:On 12th September my right hon. Friend directed the Price Commission to examine certain charges for money transmission services made by a number of banks including the principal clearing banks. The Commission will be able to look at the clearing banks' overall level of profitability in preparing their report.