HC Deb 20 March 1980 vol 981 cc323-4W
19. Mr. Penhaligon

asked the Chancellor of the Exchequer what is his present estimate of the savings rates.

Mr. Lawson

In the first three quarters of 1979 personal sector savings as a proportion of real personal disposable income was 15½ per cent., about the same as the average for 1978.

30. Mr. Beith

asked the Chancellor of the Exchequer what was the percentage increase of the annual total of national savings.for 1979 over 1978.

Mr. Lawson

The total amount invested in national savings increased by 13.2 per cent. between 31 December 1978 and 31 December 1979. This figure excludes deposits with the Trustee Savings Bank ordinary and new departments, which merged in November 1979 and from that time ceased to be classified as national savings.