Public Sector Borrowing Requirement

HC Deb 28 June 1978 vol 952 c588W

Mr. Knox

asked the Chancellor of the Exchequer if he will publish in the Official Report the following figures for 1977 (a) the total public sector borrowing requirement, (b) the total public sector borrowing requirement per household and (c) the total public sector borrowing requirements per capita.

Mr. Denzil Davies

The figures for 1977 are as followsTotal public sector borrowing requirement: £5,924 million; Total public sector borrowing requirement per household £293; Total public sector borrowing requirement per capita £106.

Mr. Knox

asked the Chancellor of the Exchequer if he will publish a table showing for 1977 in terms of both constant 1970 prices and constant 1976 prices (a) the total public sector borrowing requirement, (b) the total public sector borrowing requirement per household and (c) the total public sector borrowing requirement per capita.

Mr. Denzil Davies

There is no generally accepted convention for converting the public sector borrowing requirement to a constant price basis. The figures for 1977 given in the table below have been derived by using the implied deflator for gross domestic product at market prices.