HC Deb 26 February 1952 vol 496 c120W
60. Mr. Edward Davies

asked the Chancellor of the Exchequer if he will increase the rate of interest on National Savings to encourage further investment.

Mr. R. A. Butler

An increase in the rate of interest at the present time would not, in my opinion, add substantially to the volume of new small savings. But this is a matter which I keep under review from time to time in the light of prevailing conditions.