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National Savings And Investments

Volume 401: debated on Tuesday 18 March 2003

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To ask the Chancellor of the Exchequer (1) how many successful traces have been concluded by National Savings and Investments on dormant savings and investments in each month since November 2001; [102935](2) what progress has been made by the tracing service for dormant savings and investments by National Savings and Investments since its introduction. [102936]

National Savings arid Investments' new Tracing Service was launched in November 2001. Information is available on a monthly basis from February 2002, with the results for the first three months (November 2001 to January 2002) only available on a consolidated basis. To date, about 35 per cent. of all requests have resulted in successful traces. The number and value of successful traces are as follows:

Successful traces of dormant savings and investments
NumberValue (£)
November 2001 to January 2002876904,303
February 2002475441,684
March 2002504745,443
April 200289303,042
Ma 20026521,132,539
June 2002189483,025
Jul 2002409264,485
August 2002323105,322
September 2002253168,943
October 2002151163,007
November 200224474,235
December 2002307189,401
January 2003412291,578
February 2003560408,031