HC Deb 14 April 1975 vol 890 cc33-4W
Mr. Macfarlane

asked the Chancellor of the Exchequer what was the balance of the Consolidated Fund as at 5th April 1975.

Mr. Joel Barnett

In accordance with Section 18 of the National Loans Act 1968 there was no balance in the Consolidated Fund as at 5th April 1975. In the year ended 31st March 1975 the Consolidated Fund excess of expenditure over revenue which was met from the National Loans Fund amounted to £3,232,409,758.07.