Notice to banks and deposit-taking finance houses issued by the Bank of England on 28 February 1975.
The Bank of England, with the approval of the Chancellor of the Exchequer, announce the suspension for the time being of the operation of the supplementary special deposits scheme and the withdrawal of their request to banks of the 11th September 1973 not to pay more than 9½% on deposits under £10,000.
Published on
01 March 1975