HC Deb 24 January 1947 vol 432 c101W
Mr. Nield

asked the Chancellor of the Exchequer if he will take steps to remove the anomaly in the calculation of the means of claimants for old age and blind persons' pensions which at present exists, by taking the yearly value of capital value of property, after excluding the first £25, as 5 per cent. in respect of the next £375 and as 10 per cent. in respect of all capital value in excess of the first £400, since the amount actually received by claimants and pensioners is normally well under 5 per cent. owing to the present cheapness of money.

Mr. Dalton

I cannot agree that the present rules are anomalous and I am not prepared to introduce legislation to alter them.