HC Deb 05 March 1976 vol 906 cc790-1W
Mr. Geoffrey Finsberg

asked the Secretary of State for Energy, what is the current rate of interest paid on deposits from consumers of the British Gas Corporation and held by the Corporation; when this rate was fixed; and if he will now bring it into line with current rates of interest.

Mr. John Smith

The current rate of 3½ per cent. was fixed by order in 1950. The question of its revision is currently under consideration.