§ Mr. Stephen O'BrienTo ask the Chancellor of the Exchequer what the level of mortgage equity withdrawal was in each quarter since 1997.[94395]
§ Ruth Kelly:Figures on mortgage equity withdrawal are produced by the Bank of England and can be found on their website at www.bankofengland.co.uk/mew.xls.
§ Mr. Stephen O'BrienTo ask the Chancellor of the Exchequer what research he has commissioned into the effect mortgage equity withdrawal has on the UK economy; and if he will make a statement. [94410]
§ Ruth KellyFull consideration is given to such effects in the assessments of economic developments and prospects published by the Treasury in Pre-Budget and Budget Reports.