HC Deb 13 July 1981 vol 8 c257W
Mr. Christopher Price

asked the Chancellor of the Exchequer if he will publish in the Official Report a detailed breakdown of the local authority borrowing requirement in terms of the different kinds of borrowing undertaken by local authorities; for what reasons the borrowing requirement estimated in March 1980 of £1.44 billion has turned out at about £2.3 billion; and, if no detailed information is available, how an adjustment of this precision could be made.

Mr. Brittan

A detailed breakdown of the local authority borrowing requirement showing the different kinds of borrowing undertaken is given in "Financial Statistics" published monthly by the Central Statistical Office. Tables 4.3 to 4.6 of the June 1981 edition give information for 1980–81. Comprehensive accounts of local authorities receipts and expenditure are not yet available. The outturn of the borrowing requirement is based on a monthly inquiry on the type and size of local authority borrowing.