HC Deb 29 November 1967 vol 755 cc114-5W
93. Sir T. Beamish

asked the Secretary of State for Defence what is now the outstanding cost, showing interest separately, of United States arms and military equipment on order, showing in tabular form the years in which repayments are due to be made with comparative figures immediately before devaluation.

Mr. Healey

The outstanding cost to my Department of United States military equipment on order at the time of devaluation totalled £615 million. Of this sum about £32 million is due to be paid in the current financial year. Figures for interest are respectively £103 million and £3 million. These figures at pre-devaluation rates are respectively £527 million, £28 million, £88 million and £2.6 million. I am not prepared at this stage to give figures for 1968–69, or for subsequent years.

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