HC Deb 07 May 1981 vol 4 c112W
Mr. Farr

asked the Chancellor of the Exchequer if he will give the figures for the exact annual direct costs of the official services of the Government Broker, based on the latest available annual figures, in terms of any fees, honoraria, extra salary payments, expenses or any similar remuneration rendered specifically in return for the exercise of such services, including any payments to assistants or staff.

Mr. Lawson

[pursuant to his reply, 6 May 1981, c. 59]: The Government Broker is appointed by the National Debt Commissioners and for his official services rendered to the commissioners he receives an agreed sum from them. The sum of £2,300 is provided in Supply Estimates for this purpose in 1981–82. The Government Broker and his firm, Messrs Mullens & Co, also render a range of services to the Bank of England. Remuneration for these services is on the basis of commission at rates which are a matter for agreement between the Bank of England and Mullens & Co.