HC Deb 18 March 1993 vol 221 cc325-6W
Mrs. Helen Jackson

To ask the Chancellor of the Exchequer what changes have been made to the minimum payments, and on what dates, into(a) national savings accounts or (b) premium bonds, over the last three years.

Mr. Nelson

There have been three changes in minimum deposits and purchases for national savings bank accounts and premium bonds since 1990. From 1 February 1993, the minimum deposit required for a national savings ordinary account rose from £5 to £10 and that for the investment account from £5 to £20. On the same day, the minimum purchase of premium bonds for children rose from £10 to £100.

Mrs. Helen Jackson

To ask the Chancellor of the Exchequer how many individuals invested in national savings accounts in each of the last three years.

Mr. Nelson

National Savings retains information about accounts, not individuals. The following is the number of ordinary and investment accounts with at least one deposit in a year.

Ordinary accounts (thousands) Investment accounts (thousands)
1990 1,781 2,110
1991 1,657 1,964
1992 1,601 1,836