§ Mr. Knoxasked the Chancellor of the Exchequer if he will publish in the Official Report a table showing for each year since 1945 (a) the total amount of interest paid on all Government borrowing, (b) the total amount of interest paid on Government borrowing that is paid within the United Kingdom and (c) the total amount of interest paid on Government borrowing that is paid outside the United Kingdom.
§ Mr. Denzil Davies:Total payments of debt interest by central government are given in the first column of the table below. Figures for 1945 are not available. Separate figures are not readily 525W available for interest paid on central government borrowing within the United Kingdom and outside the United Kingdom. Information is given in columns 2 to 4 of the table on debt interest paid by
INTEREST PAID ON GOVERNMENT BORROWING £million Total paid by central government*1 Total*2 Paid by general government† Within the United Kingdom 3 Outside the Kingdom*4 1945 … … … … Not available 1946 … … … … 485 532 Not available 1947 … … … … 517 562 1948 … … … … 507 551 1949 … … … … 505 548 1950 … … … … 505 549 1951 … … … … 548 591 1952 … … … … 607 652 1953 … … … … 637 683 1954 … … … … 635 689 1955 … … … … 705 767 1956 … … … … 720 799 1957 … … … … 702 803 1958 … … … … 776 893 731 162 1959 … … … … 770 909 759 150 1960 … … … … 857 1,021 845 176 1961 … … … … 893 1,104 909 195 1962 … … … … 874 1,114 929 185 1963 … … … … 930 1,199 1,029 170 1964 … … … … 937 1,257 1,095 162 1965 … … … … 968 1,348 1,169 179 1966 … … … … 1,036 1,465 1,251 214 1967 … … … … 1,105 1,573 1,345 228 1968 … … … … 1,240 1,794 1.522 272 1969 … … … … 1,280 1,929 1,558 371 1970 … … … … 1,298 2,025 1,792 323 1971 … … … … 1,383 2,087 1,792 295 1972 … … … … 1,595 2,286 1,988 298 1973 … … … … 1,834 2,737 2,362 375 1974 … … … … 2,233 3,608 3.019 589 1975 … … … … 2,760 4,210 3,430 780 1976 … … … … 3,737 5,456 4,555 901 1977 … … … … 4,640 6,537 5,441 1,096 * Includes all interest paid on loans raised under the exchange cover scheme, including interest paid on such loans raised by public corporations. † Excluding payments by local authorities on borrowing from central government. Source: National Accounts and Balance of Payments Statistics.