HC Deb 02 July 1976 vol 914 cc350-2W
Mr. Brotherton

asked the Chancellor of the Exchequer if he will list in the Official Report the total overseas borrowing for each quarter since the fourth quarter of 1964 until the second quarter of 1976, inclusive, and overseas borrowing since the end of the second quarter of 1976.

Mr. Robert Sheldon

I assume the hon. Member is interested in the total foreign currency borrowing of the United Kingdom public sector, including Her Majesty's Government. It is not possible

$ million
Short-and Medium-Term Debt Public Sector borrowing under the exchange cover scheme
Long-Term Debt IMF HMG Loan with Clearing Banks Other
1964
end December … … 5,177 1,000 — 605 —
1965
end March … … 5,177 983 — 1,100 —
June … … 5,172 2,383 — 629 —
September … … 5,135 2,383 — 1,140 —
December … … 5,172 2,370 — 913 —
1966
end March … … 5,172 2,464 — 492 —
June … … 5,250 2,430 — 683 —
September … … 5,244 2,427 — 1,937 —
December … … 5,174 2,410 — 1,728 —
1967
end March … … 5,228 2,338 — 546 —
June … … 5,286 1,862 — 628 —
September … … 5,298 1,836 — 1,968 —
December … … 5,239 1,508 — 3,453 —
1968
end March … … 5,292 1,508 — 4,725 —
June … … 5,400 2,908 — 4,538 —
September … … 5,419 2,823 — 4,713 —
December … … 5,414 2,723 — 5,348 —
1969
end March … … 5,455 2,400 — 5,066 —
June … … 5,441 2,700 — 4,443 50
September … … 5,537 2,675 — 4,671 113
December … … 5,412 2,650 — 3,744 120
1970
end March … … 5,412 2,400 — 1,570 120
June … … 5.366 2,381 — 1,125 120
September … … 5,345 2,364 — 1,502 120
December … … 5,184 2,328 — 958 120
1971
end March … … 5,194 1,639 — — 245
June … … 5,244 1,620 — — 316
September … … 5,112 996 — — 316
December … … 4,966 1,081 — — 366
1972
end March … … 4,922 1,055 — — 366
June … … 4,865 — — 2,608 366
September … … 4,852 — — — 366
December … … 4,696 — — — 366
1973
end March … … 4,696 — — — 602
June … … 4,638 — — — 1,337
September … … 4,632 — — — 2,257
December … … 4,473 — — — 2,982
1974
end March … … 4,473 — — — 3,698
June … … 4,421 — — — 4,737
September … … 4,421 — — — 5,182
December … … 4,241 — 1,500 — 5,592
1975
end March … … 4,241 — 2,500 — 5,700
June … … 4,236 — 2,500 — 6,069
September … … 4,236 — 2,500 — 6,159
December … … 4,110 — 2,500 — 6,421
1976
end March … … 4,110 1,174 2,500 — 7,000

Complete figures for the second quarter of 1976 are not yet available. During April and May 1976, a further $806 million was drawn from the IMF and the public sector borrowed $664 million net under the exchange cover scheme.

to give actual borrowing figures quarter by quarter, but details of the amounts outstanding at the end of each quarter since the fourth quarter 1964 are given below: