HC Deb 05 November 1993 vol 231 cc552-3W
Mr. Cousins

To ask the Chancellor of the Exchequer if he will publish a table showing changes in the number and type of national savings accounts in each of the last five years, distinguishing those deposits of under £10 in value together with total sums held in such accounts.

Mr. Nelson

The number and balances outstanding of National Savings ordinary and investment accounts at 31 December in each of the last five years are as follows:

Ordinary account (000s) Balance £ million Investment account (000s) Balance £ million
1988 15,741 1,646.6 4,300 7,733.4
1989 15,762 1,579.4 4,521 7,839.0
1990 15,758 1,494.3 4,817 8,527.1
1991 15,782 1,440.0 4,874 8,876.7
1992 15,848 1,424.2 4,884 8,917.4
19931 15,901 1,443.1 4,810 8,970.3
1 As at 30 September.

Deposits under £10 (000s) Value £ million Total deposits (000s) Value £ million
Ordinary account
1992 2,388 13.6 10,945 560.9
1993 1 1 7,587 488.9
Investment account
1992 1,626 9.0 7,557 987.2
1993 2 2 4,135 908.5
1 Minimum deposit increased to £10 from 1 February 1993.
2 Minimum deposit increased to £20 from 1 February 1993.

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