HC Deb 05 February 1981 vol 998 cc197-9W
Mr. Weetch

asked the Chancellor of the Exchequer if he will list the names and addresses of the directors of the Alfreton Building Society, together with their ages, occupations, professional qualifications and the dates on estimate of average earnings is available—has been used. This has been obtained by updating the figure in the new earnings survey for April 1980 of average earnings of full time adult male workers taking account of the movements in a centred three-month moving average of the seasonally adjusted whole economy index of average earnings.

When the answer referred to in this question was given, average earnings were not calculated in this way and accordingly all years have been recalculated on the current basis; there are consequential alterations to the indices of national insurance contributions.

The price index used is the general index of retail prices, all items, averaged over the various financial years—rather than as at April, as in the previous answer. National insurance contributions are at the not contracted out rate, and are the same for each of the family groups shown.

For later years the figures for married couples with children are not strictly comparable because of the change from child tax allowances to tax free child benefit. Further, no account is taken of family income supplement in the calculations.

which they became directors; and how many were initially co-opted on to the board and how many were nominated by ordinary members of the society.

Mr. Lawson

The information required is as follows. Asterisks indicate where the particular information is not available from records kept by the Registry of Friendly Societies:

Name and age at 31.12.80 Address Occupation and Professional Qualifications Date of Appointment Co-opted or Nominated
J. B. Flanders Riversdale Accountant FCA 30.7.64 *
50 1 Ford Lane Allestree Derby
T. Hopkinson High Lea Director (Builders Merchants) 1957 *
81 Wingfield Road Alfreton
C. T. Peach 4 Wood Lane Retired Insurance Official 1957 *
84 Scarcliffe Chesterfield
J. A. Jenkins Broadlands Surveyor LIC. IAAS 1959 *
58 Ball Hill South Normanton
G. P. Broadbent 5 King Street Solicitor 18.1.68 Co-opted
57 Alfreton
L. Fisher 206 Huthwaite Road Retired Company Director 17.10.68 Co-opted
64 Sutton-in-Ashfield Nottinghamshire
G. E. Speed Walden Car Dealer 25.9.69 Co-opted
56 Crayes Hill Swan wick Derby
L. D. Llewelyn Inglenook Company Director 17.2.77 Co-opted
47 Four Lanes End Oakerthorpe Derby
J. D. Smith 110 Duffield Road Architect ARIBA 17.2.77 Co-opted
47 Little Eaton Derby

Mr. Weetch

asked the Chancellor of the Exchequer who are the auditors of the Alfreton Building Society; and when they were first appointed.

Mr. Lawson

Messrs. Samuel Edward Short and Company, chartered accountants of Chesterfield. This firm was first appointed auditors of the Alfreton Building Society on 28 April 1977.

Mr. Weetch

asked the Chancellor of the Exchequer whether offcials of the Register of Friendly Societies have recently visited the head office of the Alfreton Building Society; and if he will make a statement.

Mr. Lawson

Officials of the Registry of Friendly Societies visited the head office of the Alfreton Building Society from 3 to 7 November 1980, both dates inclusive. They found that the system of internal control and inspection within the society were deficient in certain respects.

Inquiries are continuing.

The directors of the Alfreton Building Society are recommending a transfer of the society's engagements to the Britannia Building Society, which is willing to take them over.