§ Mr. Templeasked the Chancellor of the Exchequer what is his estimate of local authority temporary borrowing in 322W England and Wales at the latest convenient date.
§ Mr. MacDermotRather more than £1,600 million, estimated at 31st March, 1965.
§ Mr. Templeasked the Chancellor of the Exchequer in how many counties, boroughs including county boroughs and district councils in England and Wales at 31st March, 1965, or the nearest convenient date, the short-term borrowing exceeded 20 per cent. of each authority's total borrowing; and if he will give an estimate, by the above classes of authority, of the total excess involved in each instance.
§ Mr. MacDermotThe figures at 31st March, 1964, the latest date for which we have figures of temporary borrowing analysed by classes of local authority, were as follows:
Number of authorities Amount of excess temporary debt £m. County Councils 21 20 Borough Councils (including County Boroughs) 172 218 District Councils 253 73 Total 446 311