§ Mr. Craven-Ellisasked the Chancellor of the Exchequer what was the total amount borrowed by the Government from 1939 to the latest available date inclusive, and, of this amount, how much has been subscribed through small savings and war loans; and how much has been found through other sources, giving the name of each source and the amount found.
§ Sir J. AndersonThe total (net) amount borrowed by the Government from the outbreak of war to 31st December, 1944 (including borrowings to redeem pre-war debt held outside official accounts) is £13,975,000,000. This sum has been raised from the following sources:
£millions. Small Savings* 3,033 Subscriptions to public issues (other than floating debt) from nonofficial sources 4,609 Floating debt from non-official sources (including Treasury Deposit Receipts) 4,347 Tax Reserve Certificates 760 Extra budgetary official funds 818 "Other" debt, including borrowings abroad 408 13,975 *Consisting of National Savings Certificates (net) 3 per cent. Defence Bonds (net) Increase in balances standing to the credit of depositors in the Post Office Savings Bank and Trustee Saving Banks (Ordinary Departments).