§ 20. Sir William SheltonTo ask the Secretary of State for Social Security what would be the cost of converting all social fund loans to grants.
§ Mr. ScottAs at 31 March 1991 the accumulated net cost of outstanding loans over the lifetime of the fund stands at £142 million. This is the difference between gross loans expenditure up to 31 March and recoveries repaid at that date. This represents the cost to the taxpayer of writing off all current loan debt.
§ 21. Mr. CorbynTo ask the Secretary of State for Social Security if he will list the social fund budgets for Finsbury Park and Highgate offices for 1989–90, 1990–91 and 1991–92.
§ Mr. CohenTo ask the Secretary of State for Social Security what the net Treasury input to the social fund has been each year since its inception and in the current year.
§ Mr. ScottSocial fund net expenditure is as follows:
Year £m 1988–89 152 1989–90 131 1990–91 1156 1991–92 1161 1 The figure quoted for 1990–91 is provisional. 2 The figure quoted for 1991–92 is the estimated net provision.