National Savings Movement
Oral Answers to Questions — National Finance

Photo of Mr Hugh Gaitskell

Mr Hugh Gaitskell (Leeds South)

There are some 185,000 National Savings groups at work with a membership of about 7,000,000. The amount of small savings invested is now just over £6,100 million. In particular the Trustee Savings Banks are this week celebrating the fact that their funds have now reached £1,000 million. I am sure the House will wish to join me in congratulating them on this fine achievement.

Photo of Sir James Henderson-Stewart

Sir James Henderson-Stewart (Fife East)

While thanking the right hon. Gentleman for his tribute to the trustee savings movement, may we have an assurance, which I think we should have from him, that he and his Department will do everything they can to advance this splendid movement?