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

They have made no indication. I am making a statement on a particular Monopolies Commission Report on a particular proposed merger, and I am not called upon to give my opinion on any hypothetical actions that might take place.

In reply to the question on disclosure, my hon. Friend will know the details of my announcement of 20th December last. I repeat what I have said in answer to another hon. Member that, if it became clear that it was desirable to remove the exemption from any particular class of banks before the review of all the bank accounts had been completed, I would certainly be willing to consider it.