Building Societies

HC Deb 03 May 1976 vol 910 cc253-4W

Mr. Lee

asked the Chancellor of the Exchequer what is the total estimated cost per annum involved in the running of

Mr. Maurice Macmillan

asked the Chancellor of the Exchequer what income before tax a married couple would require in March 1976 to have the same post-tax purchasing power as measured by the RPI as a married couple with a pre tax income of (i) £631 per annum, (ii) £1,035 per annum, (iii) £1,461 per annum, (iv) £2,026 per annum and (v) £3,290 per annum, in March 1973 and in March 1972.

Mr. Robert Sheldon

The figures are as follows:

building societies, as disclosed from their statutory returns; and what percentage this represents of their total funds.

Mr. Denzil Davies

Building societies management expenses in 1975 were £196.5 million. This is equivalent to 0.89 per cent. of mean assets during the year. Comparable figures are given each year in the Chief Registrar of Friendly Societies' report on building societies.