§ Mr. Tim Smithasked the Chancellor of the Exchequer if, in addition to his memorandum explaining the technicalities of the European monetary system, he will publish a paper setting out the broader economic implications of United Kingdom membership and non-membership and the estimated consequences in each case for inflation, employment, output and the exchange rate.
§ Mr. HealeyI propose to publish a Green Paper setting out the Government's approach in advance of the debate on the European monetary system which will be held later this month.
§ Mr. Kenneth Clarkeasked the Chancellor of the Exchequer whether the EEC Council of Finance Ministers, at their meeting on Monday 20th November, will have before them the complete and final reports of the monetary committee and the committee of the governors of the central banks on the European monetary system (EMS) or whether there are further reports to be prepared that will have to be considered at any later meeting.
§ Mr. HealeyI will let the hon. Member have a reply as soon as possible.
(a)ACCOUNTS accounts opened April 1977 to March 1978 Accounts closed April 1977 to March 1978 Accounts remaining open of 31st March 1978 Ordinary accounts … … 1,228,619 759,296 20,134,153 Investment accounts … … 280,156 79.112 1,054,937 Accounts opened April 1978 to September 1978 Accounts closed April 1978 to September 1978 Accounts remaining open at 30th September 1978 Ordinary accounts … … 601,825 373,002 20,362,976 Investment accounts … … 85,513 53,826 1.086.624
(b)BLANCES At 31st March 1978 At 30th September 1978 £ £ Ordinary accounts … … … … 1,719,400,000 1,786,400,000 Investment … … … … 1,547,200,000 1,185,200,000 (c)STAFF EMPLOYED At 31st March 1978 At 30th September 1978 Ordinary accounts … … … … 4,399 4,190 Investment accounts … … … … 208 248 Total NSB … … … … 4,607 4,438