§ Mr. Ken Weetchasked the Chancellor of the Exchequer whether he will make a statement on the affairs of the London Goldhawk building society, now part of the London and South of England building society.
§ Mr. LawsonIn the circumstances of this case I do not consider that any statement is warranted. I am assured that 25W irregularities now being investigated by the police are such that no losses to the society or its members are likely to arise from them.
§ Mr. Weetchasked the Chancellor of the Exchequer whether any representations were made by members of the London Goldhawk building society before approval was given for that society to merge with the South of England society; and what matters were put forward in these representations.
§ Mr. LawsonI confirm that certain representations were made. I am sending to the hon. Member a copy of the Chief Registrar's written decision in the matter.