HC Deb 17 February 1994 vol 237 cc889-90W
Mr. Robert Ainsworth

To ask the Chancellor of the Exchequer (1) if he will list the building societies that have agreed to allow the building societies ombudsman scheme to consider home income plans cases;

(2) if he will list those building societies who were involved with home income plans; and which have refused to agree that such cases can go to the ombudsman scheme.

Mr. Nelson

I understand that the following societies have consented to an extension of the Building Societies Ombudsman's powers to cover complaints or possible complaints related to home income plans:

  • Bradford and Bingley
  • Britannia
  • Chelsea (Capital Access Scheme mortgages on a case by case basis)
  • Cheltenham and Gloucester (including complaints arising out of lending by the former Guardian, Heart of England and Portsmouth Building Societies)
  • Halifax
  • Melton Mowbray
  • National and Provincial
  • Newcastle
  • Northern Rock (all complaints arise out of lending by the former Lancastrian Building Society)
  • Portman (including lending by the former Wessex Building Society)
  • Staffordshire (if Society cannot first resolve complaint itself)
  • Woolwich (all complaints arise out of lending by the former Town and Country Building Society).

The following societies have refused:

  • Bristol and West
  • Kent Reliance
  • Lambeth
  • National Counties
  • West Bromwich.

The Leeds has formally refused but is in practice co-operating on a case-by-case basis—this includes all complaints arising out of lending by Sussex County, Eastbourne Mutual or Southdown building societies.

The following societies have not yet made a firm decision:

  • Alliance and Leicester
  • Birmingham Midshires
  • Manchester
  • Nationwide

£ million at 1993–94 prices
Year Petroleum revenue tax Supplementary petroleum duty Corporation tax Royalty Total
ACT setoff Mainstream CT
1979–80 3,526 — 192 423 1,543 5,683
1980–81 5,004 — 201 507 2,060 7,772
1981–82 4,526 3,834 511 778 2,643 12,293
1982–83 5,786 4,232 357 564 2,884 13,822
1983–84 10,163 — 726 755 3,216 14,860
1984–85 11,537 — 2,000 1,910 3,900 19,346
1985–86 9,718 — 1,654 2,791 3,136 17,299
1986–87 1,759 — 1,673 2,289 1,361 7,082
1987–88 3,228 — 957 867 1,440 6,493
1988–89 1,805 — 902 671 792 4,170
1989–90 1,293 — 610 305 708 2,916
1990–91 980 — 413 551 689 2,634
1991–92 -231 — 397 287 597 1,049
1992–93 71 — 495 208 572 1,347
1993–941 500 — 300 — 600 1,400
1 1994–95 Financial Statement and Budget Report estimate.