HC Deb 08 December 1981 vol 14 c383W
Mr. Alan Williams

asked the Chancellor of the Exchequer what is the total interest paid, to the latest available date, on borrowing made by the Government to offset tax revenue uncollected as a result of the Civil Service dispute; and what are the individual monthly figures for such interest.

Sir Geoffrey Howe

[pursuant to his reply, 7 December 1981, c. 316]: It is estimated that interest on extra borrowing resulting from the Civil Service dispute amounted to £350 million to £400 million at the end of November. The approximate monthly figures are £15 million in April, £25 million in May, £30 million in June, £50 million in July and £60–£70 million in each following month to November. The amount in March was small.