§ Baroness Jegerasked Her Majesty's Government:
When they intend to uprate the capital disregard of £2,000 fixed in November 1980 (which includes the values of insurance policies) for claimants to supplementary benefit; and what would be the present equivalent of £2,000, allowing for inflation.
§ Lord EltonI would refer the noble Baroness to my reply of 17th November 1981 to the noble Lord, Lord Winstanley (Official Report, Vol 425, cols. 405–6). The capital disregard would need to be raised to about £2,300 now to allow for the movement in the General Index of Retail Prices since the disregard was set at £2,000 in November 1980.