HC Deb 18 March 1958 vol 584 c116W
75. Colonel Beamish

asked the Chancellor of the Exchequer if he will publish a table showing the annual amount of personal saving, including life funds and superannuation schemes done on behalf of persons, in the three years 1949–51 alongside figures for 1955–57, also showing these figures as a percentage of the nation's disposable income and as a percentage of total annual savings; and how these figures compare with the average of the years 1936–38.

Mr. Amory

Yes. The following is the table:

Personal saving (1) Personal saving as per cent. of:
Personal disposable income (2) Total national saving (2) (3)
(£ million)
1938 281 6.0 55.5
1949 239 2.6 12.6
1950 218 2.3 8.9
1951 286 2.8 10.4
1955 1,070 7.7 31.5
1956 1,510 10.1 39.2
1957 (first nine months 1,305 11.3
(1) Before providing for depreciation, stock appreciation and tax reserves.
(2) Before providing for depreciation and stock appreciation.
(3) The figures relate to the total saving of persons, companies, public corporations and public authorities.

Comparable figures are not available for 1936 and 1937, nor is full information yet available for 1957. The figures are derived from information given in the National Income Blue Book for 1957 and the Monthly Digest of Statistics for February, 1958.