§ Dr. Roger Thomasasked the Chancellor of the Exchequer if he will publish in the Official Report the £ sterling deposits in United Kingdom banks owned by overseas banks, on a monthly basis for the 12 months prior to the abolition of exchange controls.
§ Mr. LawsonThe information is as follows:
STERLING DEPOSITS WITH UNITED KINGDOM BRANCHES AND SUBSIDIARIES OF OVERSEAS BANKS (£ BILLION) 1978 Nov 15 11.9 Dec 13 11.5 1979 Jan 17 11.7 Feb 21 12.0 March 21 12.4 April 18 12.7 May 16 12.7 June 20 13.4 July 18 13.3 Aug 15 13.1 Sept 19 13.4 Oct 17 13.3 Nov 21 13.9 The figures have been compiled on the same basis as those supplied in my reply to the hon. Member of 6 May 1980. [Vol. 984, c. 17–18.]