§ Mr. Staintonasked the Chancellor of the Exchequer if, on the assumption that debt interest on public sector borrowing will rise to £7,500 million per annum in 1978–79, as forecast in Command Paper No. 6393, how much this will mean when expressed per average tax-paying household or the nearest equivalent; and what was the corresponding household incidence of this item in 1960,1970 and 1973, respectively.
§ Mr. Joel BarnettThe following table shows public sector debt interest per household at 1975 survey prices. No estimate of the number of households is available for 1960 and that used for 1978–79 is a rough projection.
Public sector debt interest per household at 1975 survey prices £ 1961 210 1970 229 1973 230 1975–76 257 1978–79 375