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Proceeding contribution from Bob Spink (Independent (affiliation)) in the House of Commons on Tuesday, 13 January 2009. It occurred during Debate on bill on Saving Gateway Accounts Bill.


Saving Gateway Accounts Bill

Before the Minister moves on to the body of her speech, may I welcome the principle of the Bill, which is absolutely right at this time? The recent VAT cuts were designed to encourage spending and promote economic activity, and now we have this Bill, which is designed to encourage low-income people to save. Both are absolutely appropriate and both are right at this time, but how can we ensure that the target audience does not get a mixed message?


Secondary information

Type
Proceeding contribution
Reference
486 c134 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Bank services Advisory services Credit unions Building societies Eligibility Financial services Financial institutions Interest rates Pilot schemes Personal savings Low incomes Social security benefits Welfare tax credits Saving gateway
Legislation
Saving Gateway Accounts Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk