The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. Milburn
To ask the Chancellor of the Exchequer what estimate he has made of the number of elderly people who will not now sell their homes to pay for long-term care. [4858]
Mr. Waldegrave
[holding answer 8 December 1995]: Clearly the measures that my right hon. and learned Friend the Chancellor of the Exchequer announced in the Budget will benefit a large number of people. Raising to £16,000 the level of assets below which people can get some help for long-term care, and increasing to £10,000 the level below which they make no contribution at all, will help all those of modest means who need long-term care.