§ Mr. Blairasked the Chancellor of the Exchequer whether the inquiries by the Bank of England into Johnson Matthey Bankers have revealed departures from normal prudent banking practice.
§ Mr. Ian Stewart[pursuant to his reply, 2 May 1985, c. 246]: I refer the hon. Member to the answer I gave to the hon. Member for Workington (Mr. Campbell-Savours)
259Won 25 April, at column 974. The Governor of the bank of England has made clear that the difficulties of the bank arose from its commercial lending operations.