§ Bob SpinkTo ask the Chancellor of the Exchequer if he will give the savings level for each of the last five years. [165387]
§ Dawn PrimaroloThe information requested falls within the responsibility of the National Statistician, who has been asked to reply.
Letter from Len Cook to Mr. Bob Spink, dated 7 April 2004:
As National Statistician, I have been asked to reply to your Parliamentary Question on savings levels in each of the last five years.The information requested is shown in the following table.
Households sector gross saving, and the households saving ratio UK, 1999–2003 Households sector1 gross saving £ billion Households' saving ratio2 percentage 1999 32.9 5.3 2000 36.7 5.5 2001 47.6 6.7 2002 40.3 5.5 2003 43.7 5.7 1Figures shown are for the combined household and non-profit institutions serving households (NPISH) sectors. The accounts for this sector are currently combined and separate estimates are not available. 2 This ratio represents households' saving as a percentage of total available households' resources. Source: UK National Accounts.