War Loans (Stockbrokers' Commission).

Oral Answers to Questions — National Finance. – in the House of Commons on 3rd February 1942.

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Photo of Mr Alexander Sloan Mr Alexander Sloan , South Ayrshire

asked the Chancellor of the Exchequer what is the sum that has been paid by the Exchequer to stockbrokers as commission on War Loan?

Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

The total commission paid to stockbrokers on War Loans since the commencement of the war amounts to £696,000, which represents commission, nearly all at the rate of one-eighth of one per cent., on total subscriptions of about £565,000,000.