§ Mr. Redmond
To ask the Chancellor of the Exchequer why he reduced the percentage calculation of prize money for premium bonds from 7¾ per cent. to 7 per cent.; and if there is any current review of the scheme.
§ Mr. Lilley
The premium bond prize fund rate, like national savings other variable rates, is kept under continuous review and adjusted from time to time in the light of a number of factors.