Skip to main content

Nationalised Industries (Compensation)

Volume 441: debated on Tuesday 29 July 1947

The text on this page has been created from Hansard archive content, it may contain typographical errors.


asked the Chancellor of the Exchequer what steps he is taking to prevent the compensation to owners of industries about to be nationalised being vitiated by the recent fall in the value of Government securities, exemplified by the present price of 91¼ for the 2½ per cent. Treasury Stock issued last October

The terms of compensation will be settled when the time comes, having regard to the price of Government securities at that time.