HC Deb 25 January 1972 vol 829 c355W
20. Mr. R. C. Mitchell

asked the Chancellor of the Exchequer whether he will seek to take immediate steps to relieve the burden of taxation on working widows who have young children to support.

Mr. Patrick Jenkin

The special claims of taxpayers with responsibility for the care of young children are recognised by the additional personal allowance of £100 which is given in addition to any child allowances.

LONG-TERM LOANS MADE BY THE UNITED STATES OF AMERICA TO THE UNITED KINGDOM
Total outstanding at 31st December, 1971: U.S. $3,915 million or £1,502 million at the middle rate of exchange £1 = U.S. $2.6057.
Loans Amount borrowed U.S. $ million Rate of Interest Per cent.
First World War:
U.S. Government Loan 4,213 4¼, 3 or 3½*
Marketable securities 583 Various
American Loan 250 5
Second World War and later:
Reconstruction Finance Corporation Loan 390 3
Line of Credit 3,750 2
Lend-Lease 622 2
Economic Co-operation Administration 337
Mutual Security Agency 48
Export-Import Bank Line of Credit—1957 250 4
Export-Import Bank Lines of Credit (military aircraft) 800 4¾ or 6†
* 4¼ per cent. until 14th December, 1922, 3 per cent. from 15th December, 1922 to 15th December, 1932, and 3½ per cent. thereafter.
† 4¾ per cent. on drawings made up to 30th June, 1968 and 6 per cent. on drawings made thereafter.
LONG-TERM LOANS MADE BY CANADA TO THE UNITED KINGDOM
Total outstanding at 31st December, 1971: Can. $895 million, or £345 million.
Loans Amount borrowed Can. $ million Rate of Interest Per cent.
First World War:
Canada Government loan 181.5 4¼, 3 or 3½
Second World War:
Line of Credit 1,185 2