§ Sir R. Glynasked the Chancellor of the Exchequer how much of the money borrowed from overseas by Her Majesty's Government between 1945 and October, 1951, was repaid between October, 1951, and October, 1964, in capital and interest; and how much is still outstanding.
§ Mr. CallaghanIn the period from October, 1951, to September, 1964, inclusive, the cost of service on long-term borrowing by Her Majesty's Government from Governments overseas in the period from the end of the 1939–45 War to the end of September, 1951, was £339 million in capital and £398 million in interest. The amount of capital at present outstanding on these loans is equivalent to about £1,590 million.