HC Deb 17 February 1948 vol 447 c992
59. Mr. Chater

asked the Chancellor of the Exchequer to state, in sterling, the known or estimated total of debt owed by the United Kingdom to the United States of America.

Sir S. Cripps

Apart from indebtedness arising out of the 1914–18 war, the total due by His Majesty's Government was £1,059 millions on 31st December, 1947.