§ Mr. Milneasked the Minister of Power if he will state the amount paid in interest charges on money borrowed 159W by the Gas Board from 1951 to 1963, and the rate of interest in each of those years.
§ Mr. ErrollThe amounts payable in interest charges by the Gas Boards are shown in their accounts laid before Parliament:
Interest £3 Average rate in year Per cent. 1951–52 10.1 3.0 1952–53 12.1 3.2 1953–54 13.3 3.3 1954–55 14.8 3.3 1955–56 17.1 3.5 1956–57 18.6 3.6 1957–58 20.1 3.7 1958–59 21.2 3.7 1959–60 22.6 3.8 1960–61 24.3 3.9 1961–62 25.2 4.0 1962–63 26.0 4.0