Savings Deposits (Limit)

Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 25 March 1947.

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Photo of Mr Victor Collins Mr Victor Collins , Taunton 12:00, 25 March 1947

asked the Chancellor of the Exchequer whether, in view of the tendency for increased savings, and the fact that there is no upper limit for the amounts of deposits in Trustee Savings Banks, he will increase the upper limit for deposits in the Post Office Savings Bank above the present level of £2,000.

Photo of Mr Hugh Dalton Mr Hugh Dalton , Bishop Auckland

The limits on deposits in trustee savings banks and in the Post Office Savings Bank are the same, and I do not propose to raise them.