UNEMPLOYMENT INSURANCE FUND.

HC Deb 15 April 1929 vol 227 c17

22. Mr. KELLY

asked the Financial Secretary to the Treasury the amount loaned to the Unemployment Insurance Fund, with the amount owing by that fund at the end of March, 1929?

Mr. SAMUEL

Up to 31st March, 1929, £60,352,431 had been advanced to the Unemployment Fund from the Exchequer. Of this sum, £35,960,000 was still owing by the fund on 31st March.

Mr. KELLY

What is the rate of interest?

Mr. SAMUEL

I could not say, offhand.