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Saving

Volume 173: debated on Tuesday 22 May 1990

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To ask the Chancellor of the Exchequer what recent suggestions he has received to encourage saving.

My right hon. Friend the Chancellor has received a number of suggestions on how saving might best be encouraged. This year's Budget included a series of measures to help the small saver, reinforce the habit of savings and further encourage wider share ownership. In addition, he announced an increase in the interest rates paid on some DNS products.