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Mr. Holland
To ask the Chancellor of the Exchequer what was the number of (a) registered building societies and (b) building societies authorised to accept shares and deposits at the end of 1985, 1986 and 1987.
Mr. Lilley
The following table shows the number of building societies registered and the number of those societies which are also authorised in the United Kingdom at the end of the years shown.
1985 | 1986 | 1987 | |
Number of Building Societies: | |||
Registered | 171 | 151 | 137 |
Authorised to accept shares and deposits | 153 | 137 | 124 |