§ Mr. Marplesasked the Chancellor of the Exchequer what percentage of the total value of National Savings are held by surtax payers; and what percentage of surtax payers hold National Savings.
§ Mr. TaverneThis information is not available.
§ Mr. Marplesasked the Chancellor of the Exchequer what is the average annual cost of administering an account in the National Savings Bank for the most recent convenient period.
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§ Mr. TaverneThe average cost of administering an Ordinary account for the year ended 31st March, 1969 was approximately 19s. 10d. (the average balance in an account was £74).
For the same period, the average cost of administering an investment account was £1 0s. 8d. (the average balance in an account was £412).
§ Mr. Marplesasked the Chancellor of the Exchequer what is the number of separate accounts currently maintained in the National Savings Bank showing the number with a credit balance of less than £10, £10 to £20, £20 to £50, £50 to £100, £100 to £500, and over £500, respectively.
§ Mr. William RodgersRecords are not kept in the form that would provide this information but recent surveys indicate that the number of separate Ordinary accounts currently maintained in the National Savings Bank with a credit balance of:
less than £10 … 10.69m. £10 to £19 19s. 11d. … 1.55m. £20 to £49 19s. 11d. … 2.11m. £50 to £99 19s. 11d. … 1.69m. £100 to £499 19s. 11d. … 3.01m. £500 and over … .79m. For investment accounts the figures are:
Less than £50 … 4,600 £50 to £99 19s. 11d. … 14,200 £100 to £499 19s. 11d. … 196,600 £500 and over … 292,500