§ Mr. DAYasked the Financial Secretary to the Treasury how much money has accrued to date from unclaimed bank balances in the Post Office Savings Bank?
Mr. SAMUELAs I informed the hon. Member on 1st May last, deposits in the Post Office Savings Bank are not at any stage regarded as unclaimed. Experience has shown that transactions often take place on accounts after a long period of inactivity. In these circumstances it is impossible to say that a particular deposit will not eventually be claimed.