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Mr. Cant
asked the Chancellor of the Exchequer what estimate he has made of the effect of the introduction of the index-linked SAYE scheme on building society desposits.
Mr. Dell
The two proposed index-linked saving schemes represent a limited experiment, designed for the small saver. This is only one of many factors which could influence investment decisions. The schemes have been deliberately designed to minimise disturbance to other savings media, including the building societies.