The text on this page has been created from Hansard archive content, it may contain typographical errors.
Mr. John Hunt
asked the Chancellor of the Exchequer what estimate he has made of the extent to which the operations of the credit card companies have contributed to the recent growth in money supply;
| Premium savings bond prices £m | Price fund interest expressed as average for year (%) | M.L.R./Bank rate expressed as average for year (%) | |||
| 1956 | … | … | — | 4·0 | 5·500 |
| 1957 | … | … | 2·6 | 4·0 | 5·604 |
| 1958 | … | … | 6·3 | 4·0 | 5·452 |
| 1959 | … | … | 8·8 | 4·0 | 4·500 |
| 1960 | … | … | 10·5 | 4·21 | 5·359 |
| 1961 | … | … | 13·5 | 4·5 | 5·671 |
| 1962 | … | … | 15·4 | 4·5 | 4·851 |
| 1963 | … | … | 17·2 | 4·5 | 4·000 |
| 1964 | … | … | 19·3 | 4·5 | 5·041 |
| 1965 | … | … | 21·6 | 4·5 | 6·425 |
| 1966 | … | … | 23·9 | 4·5 | 6·471 |
| 1967 | … | … | 25·9 | 4·5 | 6·159 |
| 1968 | … | … | 28·2 | 4·54 | 7·466 |
| 1969 | … | … | 32·1 | 4·625 | 7·844 |
| 1970 | … | … | 34·5 | 4·625 | 7·226 |
| 1971 | … | … | 37·6 | 4·677 | 5·918 |
| 1972 | … | … | 42·3 | 4·75 | 5·900 |
| 1973 | … | … | 46·2 | 4·813 | 9·882 |
| 1974 | … | … | 51·9 | 5·19 | 11·936 |
| 1975 | … | … | 57·4 | 5·5 | 10·790 |
| 1976 | … | … | 61·3 | 5·521 | 11·717 |
| 1977 | … | … | 66·4 | 5·625 | 8·468 |
| 1978 | … | … | 70·8 | 5·625 | 9·130 |
| 1979* | … | … | 65·2 | 5·75 | 13·280 |
| *To end of October 1979 | |||||
| Note: Prizes are paid free of UK tax. | |||||