HC Deb 11 November 1958 vol 595 c32W
Mr. Hale

asked the Postmaster-General what is the total amount of deposits accumulated by his Department and paid by telephone subscribers as a condition precedent to the installation or reconnection of their telephone service; and where, and how, this sum is invested, in whose names, and for whose benefit.

Mr. Marples

The total amount of deposits held at present is £212,000. This is in effect held in, and for the benefit of, the Exchequer.

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