HC Deb 01 November 1938 vol 340 cc28-9
61. Mr. H. G. Williams

asked the Minister of Labour what sum now stands to the credit of the Unemployment Fund; and what is the amount of its present funded debt?

The Minister of Labour (Mr. Ernest Brown)

At 29th October, 1938, the total balance of the Unemployment Fund was about £46,982,000, including investments at cost. The amount of the debt now outstanding is about £81,530,000.

Mr. Macquisten

May I ask how these investments compare with the market price? Do they show any heavy depreciation?

Mr. Brown

I should like to have notice of that question.