HC Deb 20 June 1963 vol 679 c84W
37. Mr. Sydney Irving

asked the Minister of Education if he will give the annual cost of loan charges for capital investment in education for each year since 1951; and if he will give them as a percentage of the appropriate annual total expenditure on education.

Mr. Chataway

The following is the list:

Expenditure on loan charges by Local Education Authorities Column (1) as percentage of total net revenue expenditure by Local Education Authorities
(£000) Per cent.
1951–52 12,229 4.19
1952–53 15,662 4.77
1953–54 19,367 5.62
1954–55 22,697 5.93
1955–56 27,015 6.45
1956–57 32,958 6.72
1957–58 41,004 7.52
1958–59 47,904 8.13
1959–60 54,750 8.42
1960–61 62,211 8.83
1961–62 71,290 9.13