HC Deb 09 June 1932 vol 266 cc2123-4W

askd the Financial Secretary to the Treasury what the percentage of War debt and expenditure in 1913–14 and 1931–32 was of the total national expenditure?


The expenditure on the National Debt and on Defence Ser- vices amounted to 51.9 per cent. of total national expenditure in 1913–14 and to 50.4 per cent. of total national expenditure in 1931–32. The latter percentage would be raised to 56.3 per cent. by including the expenditure on War pensions. It is not practicable to distinguish War debt from debt incurred on other accounts, and these figures therefore relate to the total Deadweight National Debt.