Banks (Government Accounts)

HC Deb 26 January 1978 vol 942 cc765-6W

Mr. Wrigglesworth

asked the Chancellor of the Exchequer if he will publish the list of banks approved for use by Government Departments.

Mr. Joel Barnett

Departments are authorised to open banking accounts with branches of any bank, subject to the approval of the Treasury. Prior reference to the Treasury is not, however, needed for the opening of departmental accounts with the Bank of England or one of its the Member for Eton and Slough (Miss Lestor) on 26th October 1977—[Vol. 936, c. 755–760]. Information on tax paid by these families is not available.