HC Deb 30 October 1975 vol 898 cc592-3W
Mr. Knox

asked the Chancellor of the Exchequer if he will publish in the Official Report a table showing the percentage of national debt held overseas for each year since 1945.

Mr. Dell

It is not possible to provide figures detailed enough to answer the hon. Member's Question for the years prior to 1962. However, a table below gives percentages of National Debt outstanding for the years 1962 to 1974 formed by Treasury Bills and British Government Stocks held by central monetary institutions and international monetary organisations, excluding the IMF, and foreign currency holdings:

1962 13.9
1963 13.5
1964 13.1
1965 12.0
1966 11.4
1967 10.6
1968 11.1
1969 11.7
1970 12.3
1971 13.1
1972 12.4
1973 10.4
1974 11.7

Mr. Tim Renton

asked the Chancellor of the Exchequer what was the interest payable on the National Debt, expressed in pounds per head of population, in the fiscal years 1955, 1965 and 1975 and to the latest available date in 1976.

Mr. Joel Barnett

The interest paid on the National Debt expressed in pounds per head of population of the United Kingdom during the years ended 31st March 1955, 31st March 1965 and 31st March 1975 was £13, £19 and £50, respectively.

At the level of population in mid-1974, interest payable on the National Debt in the year ending 31st March 1976, as forecast in the Financial Statement and Budget Report, would amount to £64 per head.