§ Mr. A. Lewisasked the Minister of Housing and Local Government and Minister for Welsh Affairs what was the 29W total amount of interest charges paid by local authorities in each of the years from 1951, and in 1962 to the latest convenient date.
Dr. HillThe following table shows fine interest charges paid by local authorities in the years from 1951 to the latest convenient date.
TOTAL PAYMENTS OF INTEREST BY LCOAL AUTHORITIES IN ENGLAND AND WALES £ million 1951–52 … … 75.1 1952–53 … … 89.5 1953–54 … … 107.1 1954–55 … … 122.6 1955–56 … … 140.7 1956–57 … … 166.2 1957–58 … … 192.6 1958–59 … … 211.2 1959–60 … … 225.7 1960–61 (estimated) … … 256 1961–62 (estimated) … … 290