§ Colonel DAYasked the Chancellor of the Exchequer what was the amount of floating debt on 31st January, 1925; what was the average rate of interest payable on same; and what was the gross amount of interest per annum payable on this floating debt?
§ Mr. CHURCHILLThe amount of the floating debt on 31st January, 1925, was £785,850,000, and the average rate of 965W interest payable thereon was approximately 3 per cent., the approximate annual charge being £23 millions,