HC Deb 05 April 1989 vol 150 cc186-7W
Mr. Robert Banks

To ask the Chancellor of the Exchequer (1) if he will give the total of borrowings as an addition to the national debt by each Government since 1959;

(2) if he will give the total net repayments of national debt for each Government since 1959.

Mr. Lilley

Figures for public sector borrowing and net repayment for each Government since 1959 are given below:

£ billion
Period Total Annual Average
1959–63 3.4 0.7
1964–65 to 1969–70 4.8 0.8
1970–71 to 1973–74 8.5 2.1
1974–75 to 1978–79 41.1 8.2
1979–80 to 1988–89 51.5 5.1

Note:

Borrowing is shown as positive, however there were net repayments in 1969–70, 1987–88 and 1988–89.