HC Deb 18 July 1929 vol 230 c664W
Captain BULLOCK

asked the Chancellor of the Exchequer whether, in view of the large number of depositors in the Post Office Savings Bank and of the low rate of interest paid on deposits, he will consider taking action to increase the annual interest in order to encourage thrift and to make this branch of Post Office work more attractive to the small investor?

Mr. P. SNOWDEN

I would refer the hon. Member to my reply to a question by the hon. Member for Gravesend (Mr. Albery) on 11th July.