HC Deb 27 June 1994 vol 245 c439W
Mr. Barry Jones

To ask the Secretary of State for Social Security what recent representations he has received on the rate of deduction from income-related benefits for capital held by the claimant; and what response he has made.

Mr. Burt

The Department has received correspondence on this issue from a variety of sources. We have no current plans to change the formula applied for taking account of capital in excess of £3,000 when calculating entitlement to income-related benefits.