§ Mr. Meacherasked the Chancellor of the Exchequer if he will indicate what has been the level of private savings for each year since 1960 accruing from, respectively, pension funds and life assurance funds, and if he will list the other main sources of private savings and their size for each year since 1960, and if in each case he will state the percentage contribution from each source to total savings for each of these years.
§ Mr. NottSaving may take the form of an increase in assets or a decrease in liabilities. The scope of private savings is not defined sufficiently precisely in the hon. Gentleman's Question for the relative contribution of different savings mediums to be quantified unambiguously. Estimates for 1960 onwards of transactions in financial asets by the personal sector are published in the National Income and Expenditure Blue Books (Table 72 in the 1973 edition).