§ Mr. Austin MitchellTo ask the Chancellor of the Exchequer whether, in the matter of his reply dated 14 July 1986,Official Report, columns 680–81, concerning the profits of the London clearing banks, he will provide the corresponding figures for 1986 and 1987.
§ Mr. LilleyThe information requested, updated to include 1986 and 1987, is as follows:
Pre-tax profits of London clearing banks Actual Adjusted to 1987 prices £ million £ million 1987 290 290 1986 3,040 3,167 1985 2,556 2,747 1979 1,571 2,833 1969 212 1,242 The figures are drawn from the annual reports of Barclays, Lloyds, Midland and National Westminster.