Local Authority Borrowing

HC Deb 02 March 1992 vol 205 cc24-5W

Mr. Chris Smith

To ask the Chancellor of the Exchequer if he will publish the total local authority borrowing requirement for each year from 1978–79 to 1991–92, estimated.

Mr. Mellor

The total local authority borrowing requirement (LABR) for each year from 1978–79 to 1990–91 is as follows:

	LABR £ billion
1978–79	1.3
1979–80	3.0
1980–81	2.1

	LABR £ billion
1981–82	-0.2
1982–83	0.1
1983–84	1.2
1984–85	2.4
1985–86	1.7
1986–87	0.1
1987–88	1.4
1988–89	0.3
1989–90	1.3
1990–91	3.4

An estimate for the LABR in 1991–92 will be published in the 1992 FSBR.