HC Deb 30 October 1980 vol 991 c352W
Mr. Teddy Taylor

asked the Chancellor of the Exchequer what was the monthly amount paid in interest on the national debt in 1978–79; and what is the average monthly total in the most recent annual period for which figures are available.

Mr. Biffen

Following is the information:

Month and amount of interest paid in national debt
April 1978 215
May 1978 734
June 1978 230
July 1978 809
August 1978 359
September 1978 548
October 1978 305
November 1978 844
December 1978 407
January 1979 902
February 1979 404
March 1979 612

The average monthly total of interest paid on the national debt in 1979–80 was £691 million.

Mr. Teddy Taylor

asked the Chancellor of the Exchequer when he anticipates that the national debt will reach the total of £100,000,000,000, and if he will make a statement.

Mr. Biffen

As I informed my hon. Friend in answer to his question of 27 October, the provisional total for the national debt at 31 March 1980, the latest available date for which figures are available, is £95,327 million. There is no forward estimate of the national debt.