§ 28. Sir FRANK SANDERSONasked the Chancellor of the Exchequer the approximate number of investors of amounts of £100 and over in British Government securities, including the holders of War Savings Certificates?
Mr. SAMUELI regret that the information is not available. The number of stock accounts of British Government securities, excluding Savings Certificates, is about 4,500,000, but considerable labour would be needed to ascertain how many accounts relate to amounts of £100 and over. Moreover, the number of accounts is of little guidance to the total number of investors, as one investor may have several accounts or conversely an account may be in several names. No information is available as regards the number of holders of Savings Certificates. It was, however, estimated as long ago as 1917 that there were 10,000,000 holders.