§ Mr. MaplesTo ask the Chancellor of the Exchequer (1) what facilities he has established in the Treasury for managing those Government operations in the gilt market which are being transferred from the Bank of England; [3250]
(2) how many staff will move from the Bank of England to the Treasury in connection with the transfer of responsibilities for managing the Government's operations in the gilt market. [3249]
§ Mrs. LiddellDetails of the transfer of debt management functions to the Treasury are currently being worked out with the Bank. Once identified, these proposals will be offered for consultation.