HC Deb 09 November 1927 vol 210 cc187-8
26. Mr. BUCHANAN

asked the Chancellor of the Exchequer the estimated total cost to the nation of granting to every person a pension of 30s. a week who has reached the age of 65?

The FINANCIAL SECRETARY to the TREASURY (Mr. Arthur Michael Samuel)

In 1928, £240 millions, rising yearly to over £400 millions in 1960.