HC Deb 09 April 1940 vol 359 c467
61. Mr. Lipson

asked the Chancellor of the Exchequer whether he is aware that the work of the National Savings movement in forming savings groups is hampered because many men are afraid that such savings will be taken into account in a means test assessment after the war; and whether he will give an assurance that this will not be done?

Sir J. Simon

Representations have been made to me to this effect, and the possibility of increasing, in the case of new savings made out of wages during the war and lent to the Nation, the amount of capital disregarded for this purpose is under consideration.

Mr. Lipson

In view of the importance of this matter, can my right hon. Friend say when he will make a statement?

Sir J. Simon

I cannot give an exact date, but I hope that it will be at an early date.

Mr. Craven-Ellis

May I ask whether the point has been discussed with the Trades Union Congress?

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