§ Sir W. Darlingasked the Chancellor of the Exchequer in what proportions savings are made by savings associations, Post Office savings offices, joint stock banks and other sources, respectively.
§ Sir S. CrippsI assume the Question refers to National Savings. During the six months to the end of September, 1949, gross investments in National Savings amounted to £383 million. This total was made up in the following way—National Savings Certificates, 14½ per cent.; Defence Bonds, 4 per cent.; Post Office Savings Bank, 45½ per cent.; Trustee Savings Banks, 36 per cent. Approximately 40 per cent. of the National Savings Certificates were sold through the joint stock banks. Figures for savings through National Savings Groups for the last half year are not yet available, but in the financial year 1948–49 the gross savings through groups was £68 million, 8½ per cent. of the gross National Savings.