§ 5. Mr. John Hallasked the Chancellor of the Exchequer what the starting
Year Total cost of interest and management of National Debt Interest met from receipts of interest on Exchequer loans to local authorities nationalised industries and other borrowers Interest and management met from revenue £000 £000 £000 1960–61 (to 3rd December, 1960) … … … 609,985 180,547 429,438 1959–60 (to 5th December, 1959) … … … 545,257 160,719 384,538 Increase … … 64,728 19,828 44,900 Source: Exchequer Weekly Return for week ending 3rd December, 1960.