§ Mr. N. Pannellasked the Chancellor of the Exchequer how many people hold post-war credits of not more than£20, more than£20 an not more than£30, more than£30 and not more than£40, and more than£40 and not more than£50, respectively; and how much it would cost to redeem the credits in each category.
§ Sir E. BoyleThe estimated distribution in the lower ranges at 31st March, 1959, was as follows:
Range of Credit£ Numbers Millions Amounts£ million Less than 20 … … 5.0 50 Not less than 20 … … 1.5 36 less than 30 … … Not less than 30 … … 1.2 42 less than 40 … … Not less than 40 … … 1.0 43 less than 50 … … 8.7 171 The effect of the 1959–60 releases on this distribution is not yet known.
77W
§ Mr. N. Pannellasked the Chancellor of the Exchequer how much it would cost to pay off a maximum of£50 to all holders of post-war credits.
§ Sir E. BoyleAbout£280 million.