Written question asked by Alan Simpson (Labour), in the House of Commons. It was due for an answer on Wednesday, 15 May 1996. It was answered by Alistair Burt (Conservative) on Wednesday, 15 May 1996 on behalf of the Department of Social Security.
Dept of Social Security
- Question
- What is the percentage profit margin of Motability Finance Limited.
- Answer
-
Mr. Simpson: To ask the Secretary of State for Social Security what is the percentage profit margin of Motability Finance Ltd.[28345] Mr. Burt: The amount of profit the funding banks can make from taking part in the Motability scheme is currently 1 per cent. on the average value of the funds they have invested in the scheme. Source: Motability's Annual Report 1994-95.
Secondary information
- Type
- Written question
- Reference
- 28345; 277 c452W
- Session
- 1995-96
- Subjects
- Profits Motability Finance
- Contains statistics
- Yes
Librarians' tools
- Timestamp
- 2013-11-24 23:28:13 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_230012
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