IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-15309-1_14.html
   My bibliography  Save this book chapter

Channelling Savings

In: Business Finance & the Capital Market

Author

Listed:
  • K. Midgley
  • R. G. Burns

Abstract

It is seen that although total savings for 1966 amounted to over £7,000 million, less than a third of this represented savings within the personal sector. During 1965 only about £700 million had been used for the net acquisition of financial assets by this sector (the remaining personal saving being in the form of increased expenditure on such items as housing and stocks of goods). However, whereas the savings of Government, public corporations and companies are generally applied directly to capital expenditure, personal savings applied to the acquisition of financial assets are channelled through the market. Some of the financial intermediaries which mobilise these savings, particularly those which channel funds to business, are briefly reviewed. An increased tendency for persons to invest indirectly through financial intermediaries rather than directly in securities is noted.

Suggested Citation

  • K. Midgley & R. G. Burns, 1969. "Channelling Savings," Palgrave Macmillan Books, in: Business Finance & the Capital Market, chapter 14, pages 239-255, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-15309-1_14
    DOI: 10.1007/978-1-349-15309-1_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-15309-1_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.