HC Deb 06 February 1958 vol 581 cc201-2W
Mr. Lewis

asked the Chancellor of the Exchequer if he is aware that £100 of post-war credits in 1945 are only worth £54 10s. at today's purchasing values; and whether he will take the necessary action, either in his forthcoming Budget or by special legislation, to restore these post-war credits to their original purchasing value together with a 2½ per cent. cumulative interest rate from date of origin to repayment date.

Mr. Simon

The answer to the first part of the Question is, "Yes." The answer to the second part is that I cannot anticipate my right hon. Friend's Budget statement.