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Treasury Questions: Persimmon Homes Bonus

The Help to Buy scheme seems to be helping the Chairman of Persimmon Homes more than people looking to get on the property ladder. It was announced today that Persimmon, who benefit greatly from this Government scheme, gave the Chairman of the Company a bonus of £511 million.

I wanted the Chancellor to promise that he would get a grip of the situation. Instead we had a bland technical fudge. The Chancellor should reform the scheme and make sure the more houses are being built.