HC Deb 12 April 1976 vol 909 c436W
Mr. Spriggs

asked the Chancellor of the Exchequer whether he has considered the provision of real incentives for the development of savings groups; and if he will make a statement.

Mr. Joel Barnett,

pursuant to the reply [Official Report, 9th April 1976; Vol. 909, c. 327], gave the following information:

The greatest incentive which the Government can provide for savers generally is the continuing success of their counter-inflationary strategy. The current range and terms of national savings securities are competitive. They offer a clear incentive, particularly to small savers including those in savings groups.

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