Individual Savings Account

HC Deb 12 March 1998 vol 308 c304W

16. Mr. Hawkins

To ask the Chancellor of the Exchequer what submissions he has received opposing his ISA proposals. [32508]

Mr. Darling

We have received a large number of submissions in response to the proposals in the ISA consultative document. Our objective of encouraging more people to save has been widely welcomed. A variety of comments have been made on our specific proposals and we are considering them all carefully.

Fiona Mactaggart

To ask the Chancellor of the Exchequer how many representations he has received on his proposals for the individual savings account; and when he expects to make progress on extending the opportunity for tax-exempt savings to the smaller saver. [32523]

Mr. Darling

My right hon. Friend the Chancellor has received many helpful and constructive comments for which he is grateful. A fuller announcement will be made.