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Premium Savings Bonds

Oral Answers to Questions — Post Office – in the House of Commons at 12:00 am on 31st July 1957.

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Photo of Mr Ernest Fernyhough Mr Ernest Fernyhough , Jarrow 12:00 am, 31st July 1957

asked the Postmaster-General the number of prizes, and their value, won by unsold bonds since the inception of the Premium Bonds Scheme.

Photo of Mr Kenneth Thompson Mr Kenneth Thompson , Liverpool, Walton

None, Sir. The whole prize fund goes each month to the eligible bonds, and a bond is only eligible when it has been sold.

Photo of Mr Ernest Fernyhough Mr Ernest Fernyhough , Jarrow

In view of that, does not the hon. Gentleman think that his public relations officer has been a little bit slow? Has not he seen letters in the Press which have been consistent with my Question, and does not he think that, if he wants Premium Bonds to be a success, when erroneous letters and statements are made it would be as well if his public relations officer gave the public the correct information?

Photo of Mr Kenneth Thompson Mr Kenneth Thompson , Liverpool, Walton

I am very grateful to the hon. Gentleman for helping us to have our public relations deficiencies put right, and I hope that the attention he has drawn to this matter will correct any misapprehensions there may be.