§ Sir Richard BodyTo ask the Chancellor of the Exchequer if he will state the total amount of borrowings by the Government from the banking system for each year since 1985.
§ Mr. RyderThe table shows the total indebtedness of the public sector to the United Kingdom monetary sector.
Public sector borrowing from United Kingdom monetary sector: amounts outstanding end-period £ million Sterling Central Government Other Total Other currencies Total 1985 10,347 6,927 17,274 1,938 19,212 1986 11,574 4,668 16,242 1,860 18,102 1987 11,792 4,192 15,984 1,037 17,021 1988 10,753 3,966 14,719 442 15,161 Q11989 7,567 3,779 11,346 270 11,616 Indebtedness has fallen each year since 1985 and recently at an accelerating rate.