§ 8. Mr. Jopling
asked the Postmaster-General if he will make a statement on the progress of the Giro.
§ Mr. Edward Short
The arrangements for setting up the National Giro service continue to make satisfactory progress, and I expect the service to open towards the end of this year as planned.
§ Mr. Jopling
Would the right hon. Gentleman tell us how it is intended to invest the money which will accrue and how soon he hopes to get £150 million of investment so that the interest rates will cover costs and the break-even point will be reached?