National Savings

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 21st April 1970.

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Photo of Mr David Howell Mr David Howell , Guildford 12:00 am, 21st April 1970

While the Minister may make excuses, I am sure that he will agree that there has been a sad decline in National Savings. Is it not time, rather than making marginal adjustments, to have a radical re-examination of the whole institution and machinery of National Savings particularly, for instance, the Department of National Savings with its 15,000 civil servants? Would not less bureaucracy mean a better deal for the small saver?