Written Question·Treasury·UIN 64756

Personal Savings

Tabled: 3 July 2025
Answered: 11 July 2025

Question

Wendy Morton

Conservative — Aldridge-Brownhills

To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of average savings held by (a) low-income households and (b) pensioners for meeting emergency or unforeseen costs.

Answer

Emma Reynolds
The Government is committed to incentivising saving and investment, helping people to save for their future goals and build greater financial resilience. Individual Savings Accounts (ISAs) support people of all incomes and at all stages of life to save. T...
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