HC Deb 28 January 1918 vol 101 cc1305-6
56. Sir J. SPEAR

asked the Chancellor of the Exchequer if he will consider the desirability of increasing the interest on deposits in the Post Office Savings Bank from 2½ per cent to 3 per cent., in order to encourage thrift and provide additional funds for national purposes?

Mr. BONAR LAW

This matter has been frequently considered, and, for the reasons set out in paragraph 11 of the Report of the Committee on War Loans for Small Investors, I do not think it possible to make any change.