HC Deb 12 August 1966 vol 733 cc440-1W
Mr. Grant

asked the Chancellor of the Exchequer what estimate he has made of the increase in personal savings that he anticipates as a result of the recent economic measures; which particular personal savings he expects will increase most; and what reasons led him to arrive at his conclusions.

Sir C. Osborne

asked the Chancellor of the Exchequer on what data he bases his expectation of greater private savings.

Mr. Callaghan

I estimate a substantial increase arising from a fall in consumers' borrowing as a result of the tightening of hire-purchase terms on 20th July.