Government Borrowing

HC Deb 05 February 1982 vol 17 c234W

Mr. Renton

asked the Chancellor of the Exchequer what was the total annual cost of servicing all Government borrowing (a) in 1978–79 and (b) in 1980–81.

Mr. Bruce-Gardyne

As published in the Consolidated Fund and National Loans Fund accounts the cost of servicing the national debt in 1978–79 was £6,458 million—HC 307 of 21 December 1979—and in 1980–81 £9,854 million—HC 94 of 21 January 1982.