§ Mr. Cooperasked the Chancellor of the Exchequer the amount of debt that fell due for redemption in each of the years from 1946–56.
§ Mr. P. ThorneycroftThe table below shows the amounts of debt redeemed or converted in each financial year from 1946–47 to 1955–56. The figures do not include redemptions of the Floating Debt (Treasury Bills, Treasury Deposits by Banks and Ways and Means Advances)or extensions of the life of National Savings Certificates.
Financial Year £ million 1946–47 … … … 1,911 1947–48 … … … 1,110 1948–49 … … … 827 1949–50 … … … 1,538 1950–51 … … … 1,589 1951–52 … … … 841 1952–53 … … … 1,918 1953–54 … … … 2,308 1954–55 … … … 2,546 1955–56 … … … 1,472