§ 53. Mr. BROCKLEBANKasked the Minister of Labour the amount of the debt of the unemployment fund last August and at present; and how the present revenue of the fund compares with the expenditure?
§ Sir A. STEEL-MAITLANDThe debt of the unemployment fund was £4,770,000 on 15th August, 1924, and £7,650,000 on 30th April, 1925. For the past three months the average weekly revenue and expenditure of the unemployment fund have been respectively £938,000 and £1,059,000. The expenditure has included about £65,000 weekly of non-recurrent expenditure on refunds and compensation for future abolition of refunds.