§ Mr. G. Thomasasked the Chancellor of the Exchequer (1) in view of the limited results of the Premium Bonds receipts to date and the effect on other forms of National Savings, what modifications he preposes to make in the Premium Bonds scheme;
(2) what has been the increase in the sale of Premium Bonds and the reduction in other forms of National Savings, respectively, during the last 12 months; and whether he will make a statement.
§ Mr. SimonI do not propose to make any modifications at present in the Premium Bond scheme. During the twelve months ending 30th November. 1958, net sales of Premium Bonds were £75 million and the amount invested in other forms of National Savings increased by £85 million.