§ Mr. Meacherasked the Chancellor of the Exchequer what has been the level of borrowing for each month since January 1975 by nationalised industries, local authorities, other specified borrowers in the public sector; and what percentage each of these amounts represented of the public sector borrowing requirement.
§ Mr. Biffen[pursuant to his reply, 26 November 1980]: The available information is as follows: 183W
Public sector borrowing requirement* Of which Total Central government Local authorities £ million £ million (Percentage of PSBR) £ million (Percentage of PSBR) 1976 First quarter 1,608 1,414 188 Second quarter 2,922 2,204 274 Third quarter 2,259 1,655 279 Fourth quarter 2,338 1,513 362 1976 9,127 6,786 (74) 1,103 (12) 1977 First quarter 1,00 572 463 Second quarter 2,085 1,803 -256 Third quarter 943 210 269 Fourth quarter 1,967 1,884 -293 1977 5,995 4,469 (75) 183 (3) 1978 First quarter 599 534 709 Second quarter 2,217 2,659 -136 Third quarter 2,297 2,259 154 Fourth quarter 3,218 2,919 -68 1978 8,331 8,371 (100) 659 (8) 1979 First quarter 1,465 247 1,003 Second quarter 3,345 3,797 -267 Third quarter 3,825 2,842 666 Fourth quarter 3,929 3,510 330 1979 12,564 10,396 (83) 1,732 (14) 1980 First quarter -1,199 -1,950 1,397 Second quarter 4,835 4,587 574 184W 185W
Non-financial private sector borrowing Public corporations Industrial and commercial companiest† Personal sector‡ £ million (Percentage of PSBR) £ million (Percentage of PSBR £ million (Percentage of PSBR) 1975 First quarter 27 1,052 355 Second quarter 94 653 835 Third quarter 25 576 667 Fourth quarter 364 1,102 1,515 1975 510 (5) 3,383 (32) 3,392 (32) 1976 First quarter 6 617 960 Second quarter 444 1,610 1,131 Third quarter 325 1,249 1,090 Fourth quarter 463 1,580 1,784 1976 1,238 (14) 5,056 (55) 4,965 (54) 1977 First quarter -35 1,363 1,090 Second quarter 538 1,596 1,375 Third quarter 464 946 1,289 Fourth quarter 376 1,382 2,160 1977 1,343 (22) 5,287 (88) 5,914 (99) 1978 First quarter -644 1,579 1,598 Second quarter -306 1,402 1,961 Third quarter -116 804 1,762 Fourth quarter 367 1,703 2,487 1978 -699 (-8) 5,488 (66) 7,808 (94)
Non-financial private sector borrowing Public corporations Industrial and commercial companies† Personal sector‡ £ million (Percentage of PSBR) £ million (Percentage of PSBR £ million (Percentage of PSBR) 1979 First quarter 215 2,227 2,023 Second quarter -185 2,507 2,775 Third quarter 317 608 2,853 Fourth quarter 89 1,173 2,809 1979 436 (3) 6,515 (52) 10,460 (83) 1980 First quarter -646 2,486 1,970 Second quarter -326 2,589 2,728 * See Financial Statistics Tables 2.3 and 2.5 †See Financial Statistics Table 9. October 1980 issue. ‡See Financial Statistics Tables 10.2 and 10.3 + = Net borrowing. - = Net repayments. Monthly information is not available for most of the figures requested. Borrowing information available only for public corporations as a whole (nationalised industries are not distinguished). The sources quoted give details of types of borrowing and other financing transactions; for definitions see the Financial Statistics Explanatory Handbook 1980 edition.