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 Lieut-Colonel Sir Walter Bromley-Davenport Lieut-Colonel Sir Walter Bromley-Davenport , Knutsford 12:00 am, 21st April 1970

Can I have a straight answer to this question please? Is it not a fact that when these bogus National Savings Certificates mature in seven years' time they are worth less than the original investment due to the fall in the value of money? Can I have a straight answer?