HC Deb 09 August 1920 vol 133 c31
75. Mr. PURCHASE

asked the Minister of Health whether he can state the amount of indebtedness on the part of local authorities in England and Wales?

Dr. ADDISON

The outstanding loan debt of local authorities in England and Wales (deducting sums standing to the credit of sinking funds for repayment of loans) amounted to £513,000,000 for the year 1916–17. Owing to delays caused by the War, the returns for the later years are not yet complete.

Mr. MYERS

Can the right hon. Gentleman state what the annual charge is for interest on these loans?

Dr. ADDISON

I could not say without notice.