§ Mr. PondTo ask the Secretary of State for Social Security what would be the current value of capital limits if restored to their value at(a) 1988 prices and (b) 1990 prices. [67560]
§ Angela EagleThe information is in the table.
417W
Capital limits Benefit/Capital limit As at April 1988 At April 1998 prices1 As at April 1990 At April 1998 prices As at April 1998 Social Fund Discretionary Under 60 500 768 500 650 500 Over 60 1,000 1,537 1,000 1,300 1,000 1 At May 1988 prices for the Housing Benefit Upper Limit of £8,000 2 Upper Limit at April 1988 3 Upper Limit at May 1988 Notes:
1.The capital limits have been placed into real terms using the RPI (all items) index, not ROSSI
2. As the question does not relate to uprating, real values have not been rounded