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A British 1951 savings stamp. The National Savings Movement was a British mass savings movement that operated between 1916 and 1978 and was used to finance the deficit of government spending over tax revenues. [1] The movement was instrumental during World War II in raising funds to support the war effort. In peacetime the movement provided an ...
British government bonds rose on speculation of a U-turn on the country's fiscal plans on Friday while U.S. stock index futures signalled a higher open on Wall Street after key U.S. bank earnings ...
Logo used by the Post Office (and later the National) Savings Bank from 1936. [5] The Post Office Savings Bank (POSB) was founded in 1861 by the Palmerston government following a suggestion by George Chetwynd, a clerk in the Money Order department of the General Post Office. [6] It was the world's first postal savings system.
The hastily assembled show that morning included analysis from Today news anchor Jim Fleming, who once worked in NBC's Moscow bureau, and veteran NBC foreign correspondent Hans von Kaltenborn. Alexander Kerensky , a former leader of the Russian Provisional Government , was awakened and brought to the RCA Exhibition Hall to add his commentary on ...
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The British system first offered only savings accounts. In 1880, it also became a retail outlet for government bonds, and in 1916 introduced war savings certificates, which were renamed National Savings Certificates in 1920. [2] In 1956, it launched a lottery bond, the Premium Bond, which became its most popular savings certificate. [2]