Savings Bank Accounts (Interest)

HC Deb 20 February 1951 vol 484 c166W

51. Mr. Maudling

asked the Chancellor of the Exchequer whether he will relate interest on Post Office Savings Bank accounts to the minimum level of a depositor's balance over a given period.

Mr. Gaitskell

This is already the rule; interest is related to the minimum level of a depositor's balance during any calendar month.