HC Deb 08 December 1976 vol 922 c230W
Mr. Durant

asked the Secretary of State for the Environment what has been the increase in loan charges to local authorities since April 1974.

Mr. Guy Barnett

The available information is as follows:

LOCAL AUTHORITIES IN ENGLAND AND WALES LOAN CHARGES (£ MILLION)
Amount* Increase on previous year (on comparable basis)
1973–74 … … 1,852† —
1,642 —
1974–75 … … 2,164 +522
1975–76 … … 2,651 +487
* All accounts (rate fund, housing revenue account and trading).
† Includes about £210 million relating to services for which local authorities ceased to be responsible in April 1974 (viz. water, sewerage and national health).