Personal Savings

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 26th October 1971.

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Photo of Mr Patrick Jenkin Mr Patrick Jenkin , Wanstead and Woodford 12:00 am, 26th October 1971

Comparing twelvemonth periods ending in June, the annual rate of increase in personal saving per head of the population at 1963 prices was about 1 per cent. between 1964–65 and 1969–70. On present provisional estimates the increase between 1969–70 and 1970–71 was 8 per cent.