HC Deb 21 June 1968 vol 766 c198W
Mr. Ryan

asked the Chancellor of the Exchequer what estimate he has made of the cost of paying building society deposit rates to the holders of post-war credits.

Mr. Harold Lever

If the rate of interest on post-war credits was increased from 2½ per cent. to 4¼ per cent. it would ultimately cost about £35 million.

Mr. Barnett

asked the Chancellor of the Exchequer if he will amend the legislation on repayment of post-war credits so as to remove the anomaly whereby a person, even if sick more than 26 weeks, is unable to obtain repayment of the post-war credit unless she is in receipt of benefits under the National Insurance Acts; and if he will make a statement.

Mr. Harold Lever

No. I am afraid that there are serious practical difficulties in the way of administering such an extension of the existing qualifying categories.