§ 47. Mr. Sparksasked the Chancellor of the Exchequer the total amount of post-war credits remaining unpaid; and how much has already been redeemed.
§ The Financial Secretary to the Treasury (Mr. John Boyd-Carpenter)The total amount of post-war credit originally created was about £800 million. £202 million has been repaid to date or set off against arrears of tax under the arrangement announced on 29th October, 1946, leaving about £598 million still outstanding.
§ Mr. SparksCan the Financial Secretary say whether his right hon. Friend would be prepared to make a further concession by way of repayment of postwar credits?
§ Mr. Boyd-CarpenterThe hon. Gentleman must not expect me to anticipate, even by a few minutes, the Budget statement of my right hon. Friend.