§ Mr. David NicholsonTo ask the Chancellor of the Exchequer if he will publish figures showing the total(a) borrowing requirement and (b) indebtedness attributable to local authorities in the United Kingdom for each year since 1979; and what estimates he has for each year since 1979 of the total indebtedness repaid by the use of capital receipts from the exercise of the right-to-buy provisions.
§ Mr. KeyI have been asked to reply.
The borrowing requirement for authorities in the United Kingdom and The total indebtedness for all English authorities from 1979–80 to 1989–90 is as follows. The proportion of receipts generated by the right-to-buy provisions that have been applied to reduce local authority indebtedness are not available.
£ million Borrowing Requirement Total Indebtedness 1979–80 2,969 30,187 1980–81 2,120 32,076 1981–82 -224 34,069 1982–83 83 36,231 1983–84 1,209 38,698 1984–85 2,387 40,554 1985–86 1,674 40,138 1986–87 149 43,033 1987–88 1,355 44,904 1988–89 339 47,295 1989–90 1,321 48,695 1990–91 3,431 n/a (Source: Department of the Environment returns and Central Statistical Office.)
636WNote: Figures provided for the borrowing requirement are for the United Kingdom as a whole; figures for total authority indebtedness are for England only.