National Savings Movement Save and Prosper |
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| EXIT | Introduction | Advertisements | The War Savings Campaign | The Awards | Final Savings | | ||
IntroductionThe National Savings Movement grew from volunteers who were organised into Local Savings Committees, which in turn, were supported by national committees and civil servants. Savings products were sold directly to the public and the funds were sent to the government. The range of products included, saving stamps, certificates, and bonds, which were provided not only by the Post Office Savings Bank, but by other banks and financial institutions, such as building societies. The Movement was a large scale scheme to promote saving in all its forms and the local volunteers were recognised for their dedication by the issuing of 'long service awards', which were simply named 'National Savings'.Advertisements The War Savings Campaign To support world war II (1939-1945) the War Savings Campaign was set up by the War Office in November 1939 and Regional Savings Committees were reorganised. War savings were not only limited to the purchase of certificates and bonds, but also used local collections to raise money for aeroplanes, tanks and any items which were urgently needed for the war effort.
Printed by HMSO for National Savings Committee
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The Awards Local volunteers were recognised for their dedication in operating the savings schemes by the issuing of 'long service awards', which were simply named 'National Savings'. Awards were issued by the National Savings Committees for periods of 1 to 45 years service.
Brigadier Sir John Anstey was vice chairman of the National Savings Committee in 1968 and he worked to reform the Movement at a time of high inflation when the public was keen to invest in index-linked products. |
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Light-Straw. Page last updated Oct 2020
revision.Checked May 2021. With thanks to Ron Leake for suggesting 'National Savings'. All logos and trade marks are the property of their respective owners and are used on the Light Straw site(s) for review only.Students and researchers are recommended to make their own independent enquiries as to the accuracy of the information contained therein. |