LONG-TERM GOVERNMENT-BACKED SAVINGS

Early day motion 568, tabled 20 July 2010 by Gregory Campbell (DUP). Signed by 16 members.

That this House notes the withdrawal by National Savings and Investments of inflation-linked saving certificates; and expresses the hope that the Government will use the opportunity for innovative proposals at effecting worthwhile objectives such as helping people re-adopt the habit of saving with a Government-backed savings product that will guarantee an inflation plus return, with participation in the scheme for long-term and retirement purposes being a requirement and thus helping the UK in the short-term with cash investments while assisting individuals to save for the longer term.

Signatures by party: DUP 6, Labour 5, Alliance 1, Conservative 1, Liberal Democrat 1, Plaid Cymru 1, Social Democratic and Labour Party 1.