HC Deb 13 April 1981 vol 3 c12W
Mr. Nicholas Winterton

asked the Chancellor of the Exchequer what has been the change in domestic credit expansion, seasonally adjusted, for each of the following banking months: January, February and March 1981.

Mr. Lawson

The figures for banking for January and February are shown in table 7.3 of the March issue of "Financial Statistics". The March figure will not be available until 16 April.

Mr. Stanbrook

asked the Chancellor of the Exchequer what is the current value of Albanian assets held in the United Kingdom, and from what source or sources they are derived.

Mr. Lawson

[pursuant to his reply, 10 April 1981, c. 365–6]: The only asset of which we are aware is the quantity of gold held by the Bank of England which was provisionally allocated to Albania by the Tripartite Commission for the Restitution of Monetary Gold in reparation for gold looted by Germany during the war. This gold is held by the Bank of England on behalf of the Commission, but this is merely a matter of convenience and will not affect the ultimate disposal of the gold. As at January 1981 the value of the gold was $26.5 million.