§ Mrs. Dunwoody
To ask the Chancellor of the Exchequer what information he has on the percentage bank charges have risen by since April 1992.
§ Mr. Nelson
The levels of bank charges are not collected centrally and are a matter for the commercial judgment of the banks. The January 1993 Bank of England report on bank lending to smaller businesses found that between June 1991 and December 1992 the average increase in income from fees and charges was just over 5 per cent. A copy of the report can be found in the Library.