Barclays, Lloyds and Martins Banks (Merger)

Part of the debate – in the House of Commons at 12:00 am on 25th July 1968.

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Photo of Mr Anthony Crosland Mr Anthony Crosland , Grimsby 12:00 am, 25th July 1968

The question of stimulating more competition is covered by what I said about the Government being prepared to review the considerations that have led successive Governments to approve what has been called the interest rate cartel. As I said in my answer to the previous question on disclosure, if the arguments appear to point to speeding up the timetable that I announced on 20th December, I would be very ready to consider them.