Identity area
Type of entity
Authorized form of name
Parallel form(s) of name
Standardized form(s) of name according to other rules
Other form(s) of name
Identifiers for corporate bodies
Description area
Dates of existence
History
The National Savings Movement was established by the British government in 1916 to reduce government borrowing through the sale of Saving Stamps and other financial products to the general public; originally conceived as a war-time expedient, its popularity led to its survival and growth until its final disbandment in 1978. The Movement comprised large numbers of local voluntary associations (sometimes called Local Savings Committees), some based in schools and workplaces, run by volunteers responsible for selling the products to the members and sending the money to the government. These voluntary organisations were supported by national Committees and regional Sub-Committees of civil servants to assist and advise. Cardiganshire and Pembrokeshire formed a district, containing a large number of local committees. After 1960, the movement went into decline.