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 Ernest Fernyhough Mr Ernest Fernyhough , Jarrow 12:00 am, 26th October 1971

Does the hon. Gentleman appreciate that the substantial increase in savings reflects the great fear of many working people that by this time next week, next month, or next year, they may be out of work, and they are trying to provide for that emergency?