§ 25. Mr. Skinnerasked the Chancellor of the Exchequer what study he has made of the latest set of accounts from Johnson Matthey Bankers; and if he will make a statement.
§ Mr. Ian StewartMy hon. Friend has read them with interest.
§ 29. Mr. Strangasked the Chancellor of the Exchequer if, when he next meets the Governor of the Bank of England, he will raise with him the latest annual report of Johnson Matthey Bankers Limited; and if he will make a statement.
§ Mr. Ian StewartThe Chancellor and the Governor meet regularly and discuss a wide range of matters, but it is not the practice to disclose them.
§ 43. Mr. Sedgemoreasked the Chancellor of the Exchequer if he will make a statement on the proposed sale of Johnson Matthey Bankers by the Bank of England.
§ Mr. Ian StewartThe proposed sale of JMB is a matter for the Bank of England.
§ Mr. Gordon Brownasked the Chancellor of the Exchequer how many statutory returns were submitted by the Johnson Matthey Bank in the 12-month period preceding its collapse and rescue.
§ Mr. Ian Stewart[pursuant to his reply, 15 January 1986, c. 594]I assume the hon. Member has in mind returns submitted to the Bank of England, although the White Paper "Banking Supervision" (Cmnd. 9695) explained that such returns are not strictly statutory. I understand from the Bank of England that in the 12 months preceding 1 October 1984 about 100 returns of about 23 different types were submitted by JMB for a variety of purposes including the preparation of monetary and economic statistics as well as banking supervision.