HC Deb 11 April 1949 vol 463 cc227-8W
Mr. Chetwynd

asked the Minister of Education if he will give a list of local education authorities charging interest on

REVENUE ACCOUNT OF PUBLIC AUTHORITIES, 1948 AND 1949
(TABLE 24 OF ECONOMIC SURVEY)
£million
Forecast for 1949
Revenue 1948 at 1948–49 tax rates at1949–50 tax rates Expenditure 1948 forecast for 1949 at end-1948 prices
Direct Taxes 1,997 2,160 2,175 Current Expenditure on Goods and Services 1,914 2,040
Indirect Taxes 2,165 2,185 2,155 Subsidies 515 515
4,162 4,345 4,330
Transfer Payments
Income from Property Social Security Payments 506 585
War Pensions, etc. 157 150
Income from Property and Trading etc. 136 130 130 Total 3,092 3,290
less Debt Interest —600 —585 —585
Transfers to Private Capital Account War Damage Payments, E.P.T., Refunds and Doctors' Compensation 179 185
Total Current Expenditure 3,271 3,475
1948–49 tax rates 1949–50 tax rates
Surplus on Current Account 427 415 400
Current Revenue 3,698 3,890 3,875 Current Expenditure plus Surplus 3,698 3,890 3,875

loans to students, with the rate of interest charged.

Mr. Tomlinson

I would refer my hon. Friend to the answer which I gave to him on 24th March. I am writing to him on the subject.