Bank Rate Increase (Tribunal of Inquiry)

Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 19th December 1957.

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Photo of Mr Willie Hamilton Mr Willie Hamilton , Fife West 12:00 am, 19th December 1957

asked the Chancellor of the Exchequer the estimated cost to date of the Tribunal inquiring into the alleged Bank Rate leak.

Photo of Mr Willie Hamilton Mr Willie Hamilton , Fife West

Can the Minister inform the House whether any estimate has been made of the ultimate cost, and would he agree with hon. Members on this side of the House that, whatever that might be, it has been very well worth while?

Photo of Mr Emanuel Shinwell Mr Emanuel Shinwell , Easington

May I ask the Minister whether, in the event of it being discovered that some members of the Government were at fault, they will be surcharged for this expenditure?

Hon. Members:

Answer.

Photo of Mr William Morrison Mr William Morrison , Cirencester and Tewkesbury

Order. That question is quite hypothetical. Mr. Hamilton.