§ Mr. CLARKEasked the Financial Secretary to the Treasury the amount of the floating debt for each year since 1918 and the amount of interest per year paid thereon since 1918?
§ Mr. PETHICK-LAWRENCEThe outstanding amount of the floating debt varies seasonally in the course of each year. The following figures show the total on the last day of each financial year and the amount of interest paid during the year:
Financial Year. Floating Debt at end of Financial Year. Interest on Floating Debt during the Year. £ £ 1918–19 … 1,412,228,000 50,520,695 1919–20 … 1,312,205,000 57,207,917 1920–21 … 1,275,330,000 74,968,113 1921–22 … 1,024,515,500 53,416,011 1922–23 … 809,907,500 18,145,475 1923–24 … 774,475,500 19,165,417 1924–25 … 742,195,000 22,716,315 1925–26 … 704,296,000 27,172,573 1926–27 … 715,776,000 29,897,761 1927–28 … 688,790,000 27,104,527 1928–29 … 737,345,060 26,219,662 1929–30 … 637,415,000 28,725,010