§ Mr. Owenasked the Chancellor of the Exchequer the total sums actually lent by the Public Works Loan Board during 1956, to the nearest convenient date; how much was repaid during this period; and how much was relent.
§ Mr. H. MacmillanFrom 1st January to 30th November, 1956, £145,078,164 was advanced by the Public Works Loan Board. In the same period the Board received £68,048,388 by way of repayment of principal of advances and £105,375,434 by way of interest. The Board's advances are financed from the Local Loans Fund, into which all its receipts are paid. The Board does not itself relend.