HC Deb 19 May 1978 vol 950 c327W
Mr. Torney

asked the Chancellor of the Exchequer whether he intends to change his proposals for the next issue of national savings certificates.

Mr. Denzil Davies

In view of the increase in interest rates generally which has taken place in recent weeks I have decided to defer the introduction of the new 17th Issue of national savings certificates. The 14th Issue will continue on sale for the time being and the limit on holdings will be raised from 1st July to £3,000. The necessary order to give effect to the change in limit will be laid before the House shortly.