HC Deb 23 May 1990 vol 173 c189W
Mr. Allen

To ask the Chancellor of the Exchequer how much he estimates will be saved by the introduction of TESSAs.

Mr. Lilley

The estimated direct revenue cost of £200 million for the TESSA scheme in 1991–92 in the Financial Statement and Budget Report is consistent with TESSA deposits averaging some £6 billion for that year. Both estimates are highly tentative.