HC Deb 17 July 1986 vol 101 c609W
35. Mr. Greenway

asked the Chancellor of the Exchequer what information he has as to the value of local authority borrowing on foreign capital markets in the latest year for which figures are available; and if he will make a statement.

Mr. MacGregor

In 1985–86 foreign currency borrowing by local authorities under the public sector exchange cover scheme amounted to the equivalent of £223 million.