HC Deb 03 July 1980 vol 987 c676W
Mr. Douglas

asked the Chancellor of the Exchequer if he will provide a table indicating the aggregate and percentage of interest payments by the United Kingdom Government to the public sector borrowing requirement for the latest available 10 years.

Mr. Biffen

The information requested is given in the table below

TOTAL PUBLIC SECTOR INTEREST PAYMENTS*
Aggregate £ million As a percentage of the public sector borrowing requirement Per cent.
1970 2,144 ..†
1971 2,211 159.6
1972 2,408 117.2
1973 2,981 71.1
1974 4,031 62.7
1975 4,763 45.4
1976 6,078 66.6
1977 7,057 117.7
1978 7,965 95.4
1979 9,606 76.2
* On a national accounts basis and excluding intra public sector payments.
† Public sector borrowing requirement was negative.

Source: National Accounts.