HC Deb 26 January 1971 vol 810 c301
7. Mr. Cormack

asked the Chancellor of the Exchequer what proposals he has for giving greater publicity for the various media of National Savings.

Mr. Barber

The best publicity for National Savings is success and my hon. Friend no doubt knows that National Savings have been doing particularly well recently. But of course advertising has an important impact and substantial sums are being and will be spent on the various media.

Mr. Cormack

Whilst thanking my right hon. Friend for that reply, and appreciating that he cannot say very much at the moment—[Interruption.]

Mr. Speaker

Order. These noises make it impossible for the Chancellor to hear the questions.

Mr. Cormack

—may I urge my right hon. Friend to give particular attention to greater incentives for savers when he comes to draw up his Budget?

Mr. Barber

I will certainly hear in mind what my hon Friend says. He will be interested to know—and I am sure that right hon. and hon. Gentlemen opposite will cheer this—that, whereas in the last six months of 1969 there was a net withdrawal from National Savings of £99 million, in the comparable period of last year for which the present Government were responsible, there were net receipts amounting to £60 million.

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