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House of Commons Hansard
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Johnson Matthey Bankers
02 May 1985
Volume 78
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asked the Chancellor of the Exchequer (1) if, pursuant to the answer of the Economic Secretary on 25 April, Official Report, column 974, he will list the lending of Johnson Matthey which was there described as extremely unwise and imprudent lending; and if he will make a statement;(2) whether the inquiries by the Bank of England into Johnson Matthey Bankers have revealed departures from normal prudent banking practice;(3) whether the review of the arrangements for banking supervision will comment on the justification of the Bank of England's takeover of Johnson Matthey Bankers; and if he will make a statement;(4) whether the review of banking supervision will deal with the monitoring by the Bank of England's Banking Supervision Department of Johnson Matthey prior to its collapse and the steps it took prior to the collapse to identify and seek to correct Johnson Matthey Bankers' difficulties.

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I will let the hon. Member have a reply as soon as possible.