§ 18. Mr. ShersbyTo ask the Chancellor of the Exchequer what is his estimate of the amount of money lent by the building societies for purposes other than house purchase, in the period since they were permited to do so by recent changes in regulations governing their activities.
§ Mr. Norman LamontSo far this year, societies have advanced around £300 million in unsecured loans, representing less than 1 per cent. of their business.