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 | ||
Number | Value (£) | |
November 2001 to January 2002 | 876 | 904,303 |
February 2002 | 475 | 441,684 |
March 2002 | 504 | 745,443 |
April 2002 | 89 | 303,042 |
Ma 2002 | 652 | 1,132,539 |
June 2002 | 189 | 483,025 |
Jul 2002 | 409 | 264,485 |
August 2002 | 323 | 105,322 |
September 2002 | 253 | 168,943 |
October 2002 | 151 | 163,007 |
November 2002 | 244 | 74,235 |
December 2002 | 307 | 189,401 |
January 2003 | 412 | 291,578 |
February 2003 | 560 | 408,031 |
Total | 5,444 | 5,675,038 |