§ Mr. Dykes
asked the Chancellor of the Exchequer if he will take steps to change the regulations whereby the names of premium bond winners are at present not revealed publicly, in cases where prizes remain unclaimed for more than an agreed period, in view of the large accumulation of winning numbers that has now built up.
§ Mr. Lawson
Since PSBs were first introduced they have been sold with the assurance that confidentiality would be maintained and that details of holders and prizes won would not be disclosed. Any bond holder who wishes to know whether he has an unclaimed prize has the opportunity to check the list of unclaimed prize bond numbers available at main post offices.
The bonds and stock office takes all practical steps to trace prize winners who have moved home, and the value of unclaimed prizes represents less than 0.15 per cent. of the total value of prize money paid out.