§ Mr. Carterasked the Chancellor of the Exchequer, in view of representations made since 23rd February by the National Savings movement and others, if he will now withdraw the decision to increase the minimum sum for purchase of premium bonds from £1 to £2 pending discussions with the National Savings movement and other interested bodies.
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§ Mr. HigginsNo. The decision to increase the minimum purchase of premium savings bonds was carefully considered and was designed to decrease costs while having a minimum effect on sales. Sales of £2 bonds since the change indicate that they have been found generally acceptable by the public.