§ Mr. Goldingasked the Minister of Posts and Telecommunications by what percentage the interest paid on capital borrowed for the expansion of the telephone service has increased in each year since 1964.
§ Mr. ChatawayAccording to the Post-Office Accounts for the years in question, the interest on capital borrowed for the348W telecommunications business was as follows:
£'000 Annual increase per cent. 1964–65 43,741 — 1965–66 48,521 10.9 1966–67 55,506 14.4 1967–68 65,811 18.6 1968–69 80,492 22.3 1969–70 97,569 21.2 1970–71 117,016 19.9 The bulk of the capital borrowed was used for the expansion of the telephone service, but the amounts are not separately identified in the Accounts.