Part of Oral Answers to Questions — Trade – in the House of Commons am 12:00 am ar 27 Hydref 1980.
Will my right hon. Friend refer without delay the clearing banks to the commission, as they have started charging their customers quarterly interest without paying their depositors quarterly interest? That leads to an additional rate of interest to most captive customers of up to ½ per cent. a year. That is unacceptable and is an abuse of the monopoly power that the banks undoubtedly have.