§ 13. Miss Burtonasked the Chancellor of the Exchequer what steps he has in mind for increasing National Savings in the immediate future.
§ Mr. ErrollThe present flow of National Savings is satisfactory, and my right hon. Friend has no immediate steps to propose. But he is keeping a close watch on the matter.
§ Miss BurtonDoes the Minister know that the building societies recently called for an increase in national savings through them, and that they directed this appeal especially to women? In view of the fact that the Building Societies Association has said that it discriminates on sex grounds, does not he consider this downright impudence?
§ Mr. ErrollI think that "impudence" is an unparliamentary word. [HON. MEMBERS: "No."] Whether it is or not, I think that the hon. Lady's supplementary question should be addressed to the building societies.
Mr. H. WilsonIn view of the confusion prevailing in the country as a result of recent changes in Government policy, will the hon. Gentleman give some advice, particularly to the average citizen who is wondering whether it is his duty to put any money he now has into National Savings or to invest it in some new hire-purchase transaction? What is the official view of the Government about what people should do?
§ Mr. ErrollNational Savings remain as important as ever.
§ Miss BurtonIn view of the unsatisfactory nature of the reply, I beg to give notice that I shall, if possible, take an early opportunity of raising the matter on the Adjournment.