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INCREASING THE FUND

United Press Association—By Electric Telegraph—Copyright. (Received 3rd December, 8 a.m.) LONDON, Ist December. In the House of Commons, Miss Margaret Bondfield, Minister of Labour, moved an increase of tho Unemployed Insurance Fund's borrowing powers by £10,000,000 to £70,000,000. This fund's debt now stands at £5G,000,----000, and is increasing at the rate of £.40,000,000 a year. * The total benefits plus the cost of interest and administration, amount to £107,000,000 a year. ' The motion was carried by 274 votes to 214.

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https://paperspast.natlib.govt.nz/newspapers/EP19301203.2.59.1

Bibliographic details

Evening Post, Volume CX, Issue 133, 3 December 1930, Page 11

Word Count
82

INCREASING THE FUND Evening Post, Volume CX, Issue 133, 3 December 1930, Page 11

INCREASING THE FUND Evening Post, Volume CX, Issue 133, 3 December 1930, Page 11