§ 51. Sir William Davisonasked the Chancellor of the Exchequer the total sum saved since the commencement of the war in the purchase of National Savings Certificates and other small savings; and the proportion of such small savings to the total sum borrowed by the Government?
§ Sir K. WoodWith my hon. Friend's permission, I will circulate the figures in the Official Report.
Following are the figures:—Subscriptions to small savings from 3rd September, 1939, to 22nd June, 1943: 1468
Subscriptions to small savings, after allowing for repayments, accounted for 22 per cent. of total borrowings over the same period.
£ millions. National Savings Certificates 860.3 Defence Bonds 604.5 Increase in balance due to depositors in the Post Office and Trustee Savings Banks 763 £2,227.8