§ Mr. Loganasked the Minister of National Insurance the total investments standing to the credit of approved societies at 31st December, 1944.
§ Mr. LindgrenThe total of investments standing to the credit of approved societies in Great Britain at 31st December, 944, valued at cost price, was £121,550,400.
§ Mr. Loganasked the Minister of National Insurance if he has yet taken over the staffs of the London office of the National Amalgamated Approved Societies; and under what conditions of service.
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§ Mr. LindgrenNo, Sir.
§ Mr. Loganasked the Minister of National Insurance if he is now prepared to issue a statement showing what staffs he intends to take over and what compensation rate he intends to pay to those not required.
§ Mr. LindgrenNo, Sir. As stated by my right hon. Friend in reply to the hon. Member for Normanton (Mr. T. Smith) on 22nd November, discussions are to take place with representatives of the approved societies and of the staff organisations concerned and these have already been initiated. Any proposals with regard to compensation would have to be included in the forthcoming legislation.