Personal Savings.

Oral Answers to Questions — National Finance. – in the House of Commons on 26th February 1942.

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Photo of Lieut-Colonel Sir Thomas Moore Lieut-Colonel Sir Thomas Moore , Ayr District of Burghs

asked the Chancellor of the Exchequer whether his information shows that last year the improvement in genuine savings, as distinct from the transfer of investments, was appreciably greater than in 1940?

Photo of Sir Kingsley Wood Sir Kingsley Wood , Woolwich West

I have no estimates immediately available for 1939, but I can assure my hon. and gallant Friend that personal savings during 1941 showed a considerable increase over the previous year.