§ 34. Mr. H. WILLIAMS
asked the Minister of Labour what would be the reduction in income of the Unemployment Insurance Fund if the rates of contribution were restored to those which prevailed prior to the Economy Act of 1931?
The reduction in the income of the Unemployment Fund if the rates of contributions were reduced to those in operation prior to October, 1931, would, on the basis of finance assumed 18 for the Unemployment Bill, amount to about £15,900,000.
§ Mr. WILLIAMS
Will my hon. Friend bear in mind the claims of those who are paying so heavily when the committee increase the rates of benefit?
That will be one of the considerations which, no doubt, the Statutory Committee will have in mind.