HC Deb 03 December 1945 vol 416 c2060W
Sir W. Darling

asked the Chancellor of the Exchequer whether, in view of the increase of redemption of savings certificates from 4 per cent. of the amount outstanding in 1943 to 8 per cent. in September, 1945, he will consider increasing the rate of interest or some other measure calculated to encourage savings.

Mr. Dalton

As I told my hon. Friend the Member for Enfield (Mr. Ernest Davies) last Tuesday, I do not propose any change in the terms of Savings Certificates. I am confident that the National Savings Movement will succeed in bringing home to the public that it is to their own advantage as well as to the advantage of the State that they should not spend their savings at present.