§ Mr. Austin MitchellTo ask the Chancellor of the Exchequer if he will make it his policy to prohibit the payment of mortgage subsidies by banks and other lenders to their employees; and what is his estimate of the gross value of such subsidies.
§ Mr. MaudeNo. I have no firm data on the gross value of these particular subsidies, although the total net taxable value of beneficial loans made by all employers is estimated to be about £180 million in 1991–92.