HC Deb 30 October 1980 vol 991 c353W
Mr. Marlow

asked the Chancellor of the Exchequer whether he will take powers to restrict the clearing banks to charging interest on a half-yearly basis; and further require them to return additional moneys accumulated by them as a result of their recent change in policy.

Mr. Lawson

The clearing banks are private sector institutions and their charging policies are a matter for the commercial judgment of the banks themselves.