HC Deb 05 March 1956 vol 549 c172W
Mr. Sparks

asked the Chancellor of the Exchequer (1) what amount was borrowed from the Public Works Loan Board in 1951 and 1955, excluding housing loans; and what the total interest repayments will be in each year over the period of the loans;

(2) what amount was borrowed from the Public Works Loan Board by local authorities for new housing in 1951 and 1955; and what the total interest repayments will be in each year for the duration of the loans.

Mr. H. Macmillan

The total amounts borrowed from the Public Works Loan Board by local authorities for new permanent housing schemes in the calendar years 1951 and 1955 respectively were £261 million and £276 million. The total amounts borrowed from the Board for other purposes in these two years were £129 million and £191 million respectively. The remaining information for which the hon. Member asks is not available.