HC Deb 15 March 1923 vol 161 cc1757-8
57. Mr. A. M. SAMUEL

asked the Chancellor of the Exchequer what is the approximate saving in interest charges that will accrue to the Treasury by cancellation or repayment of Government debt during the current financial year, against issue or re-issue of Government securities, excluding debt to the United States of America., bearing interest at rates lower than those payable on the retired obligations.


I must ask my hon. friend to wait until the financial year is over, and I can deal with these matters in the Budget. Statement.


Shall I put this question down again, or will he deal with it in his Budget Statement?


I think I shall probably deal with it in my Budget Statement.