HC Deb 16 June 1994 vol 244 cc625-6W
Mr. Simon Hughes

To ask the Chancellor of the Exchequer whether the United Kingdom's level of non-marketable debt minus national savings has increased in line with Government estimates for each of the last 15 years.

Mr. Nelson

Non-marketable debt represents only a small proportion of total Government debt. Figures for the components of national debt at end-March, including sterling non-marketable debt and national savings, are published annually in the Bank of England's quarterly bulletin debt article—see the November 1993 edition for end-March 1993. Sterling non-marketable debt excluding national savings, calculated from these articles, for the last 15 years are given in the table:

Sterling non-marketable debt excluding national savings
End-March £ million
1979 1,575
1980 821
1981 1,410
1982 1,968
1983 3,002
1984 3,171
1985 3,704
1986 4,205
1987 3,239
1988 3,529
1989 2,869
1990 3,591
1991 3,389
1992 3,275
1993 4,096

There are no official forecasts of Government debt by instrument.

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