HC Deb 05 November 1975 vol 899 cc190-1W
Mr. Skeet

asked the Chancellor of the Exchequer what is the total cost of servicing British overseas debt incurred by the Government since 1973.

Mr. Dell

I have nothing to add to the Answer I gave on 11th April, which implies that the cost of servicing the $2.5 billion Government foreign currency loan, at present interest rates, would still amount to about $200 million per annum.