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Building Societies

Volume 164: debated on Thursday 21 December 1989

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To ask the Chancellor of the Exchequer (1) what action the Building Societies Commission has taken with regard to full distribution by the Guardian building society to its members;(2) what advice the Building Societies Commission gave to the Guardian building society and the Cheltenham and Gloucester building society in respect of prudential matters relating to the proposed merger of the two societies;(3) why the Building Societies Commission's advice to the Guardian building society in regard to the proposed merger with the Cheltenham and Gloucester building society had excluded the need for the Guardian building society to obtain an up-to-date valuation of its gross assets, including freehold property.

[holding answer 19 December 1989]: I refer the hon. Member to the reply to two previous questions on this matter on 11 December 1989 at column 448.

Distribution of £73 million available to the Hospital and Community Health Services to implement the proposals in the While Paper Working for Patients in 1989–90
£ million
Personnel functionFinance functionAsset registersMedical auditResource management initiative (RMI)1RMI(capital)Hospital information systems strategy (HISS) revenueTraining2NHS While Paper development projects100 consultantsTotal allocated
StaffTraining initiativesBasicMethodology developmentLocal projects
East Anglian0·2200·3810·0320·4600·0310·0200·3000·0000·0000·0540·9940·1122·604
North West Thames0·4270·7390·0210·8650·0510·1070·0270·0000·0000·0720·0500·1192·478
North East Thames0·5260·9100·0301·0620·0630·0300·0000·0000·0000·0360·0000·1712·828
South East Thames0·4630·8010·0300·9590·0600·0841·4550·3920·2250·0540·0850·2004·808
South West Thames0·3740·6480·0180·8000·0440·0700·0000·0000·0000·0360·0250·1622·177
South Western0·3640·6310·0330·7380·0440·0540·0050·0000·0000·0540·3020·2652·490
West Midlands0·5871·0160·0291·2880·0770·0170·6860·0500·0000·0720·0400·1624·024
North Western0·5020·8690·0451·1080·0670·0261·0440·0700·0000·0540·0000·3484·133
RHAs Total5·6009·6950·48211·7730·7310·0900·65110·4501·2850·6750·7201·6832·93846·773
Grant Total5·7009·8690·58212·0000·7500·2100·71610·9031·2851·3251·2201·6833·038249·281
1 Includes RMI training.
2 Excludes RMI training.
3 Includes London post-graduate SHAs and NHSTA.
4 A further £23·757 remains to be allocated.

The discussions between the building societies concerned and the Building Societies Commission are confidential. Interested parties will have an opportunity to put their representations to the hearing now scheduled by the Commission for 15 February 1990, if the special investors' and borrowers' resolutions are passed.