HC Deb 27 May 1976 vol 912 c328W
Mr. Teddy Taylor

asked the Chancellor of the Exchequer what was the total outstanding amount of home and overseas debt, respectively, owed by Her Majesty's Government in October 1974; and what is the comparable figure in each case on the most recent date for which figures are available.

Mr. Denzil Davies

The information requested is as follows:

At 31st October 1974:

  1. (i) Debt payable in sterling—£41,141 million.
  2. (ii) Debt payable in foreign currencies—US$4,061 million; Can $ 853 million.

At 21st May 1976:

  1. (i) Debt payable in sterling—£.53,917 million.
  2. (ii) Debt payable in foreign currencies—US $ 5,789 million; Can $ 808 million.
The sterling figures do not take account of certain small adjustments since 31st March 1974 and 1975 respectively, for charges in balances held by Government Departments.