§ Dr. McDonaldasked the Secretary of State for Trade and Industry if he will publish in the Official Report a breakdown for each of the last three financial years of the percentages of comprehensive bankers guarantee scheme policyholders with facility values of (a) up to £500,000, (b) £500,000 to £1 million and (c) over £1 million and the percentages of total claims paid under the scheme for each of these categories.
§ Mr. Channon[pursuant to the reply, 21 November 1985, c. 250]: The comprehensive bankers guarantee scheme embraces two facilities—one for open account transactions and one for bills or notes. The breakdown requested of numbers of policies for each facility is:
Per cent. Limit of facility 1982–83 1983–84 1984–85 Open account Below £500,000 91.0 93.0 91.0 £500,000 to £1 million 5.0 4.0 4.5 Above £1 million 4.0 3.0 4.5 Bills/notes Below £500,000 84.0 83.0 86.0 £500,000 to £1 million 7.0 9.0 7.0 Above £1 million 9.0 8.0 7.0 A number of policyholders use both facilities. Information about the percentage of total claims relating to each category is not available in the form requested.