§ Mr. St. AubynTo ask the Chancellor of the Exchequer what is the latest estimate of total household debt(a) including housing debt and (b) excluding housing debt; and what were the comparable figures for each May since May 1997. [110092]
§ Mr. Timms[holding answer 14 February 2000]: The information requested falls within the responsibility of the Director of the Office for National Statistics. I have asked him to reply.
Letter from Tim Holt to Mr. Nick St. Aubyn, dated 16 February 2000:
As Director of the Office for National Statistics (ONS), I have been asked to reply to your parliamentary question on household debt.614WThe figures you requested are tabulated below. National accounts are prepared quarterly and the closest period to May 1997 for which there are data is end-June 1997.Information on the financial liabilities of the household sector is published in the ONS "Financial Statistics", and is held on the ONS databank. All sources are available in the library.
Household sector financial liabilities (debt) £ billion, at end period Total Excluding loans secured on dwellings June 1997 574.0 153.7 June 1998 608.1 166.7 June 1999 651.8 179.8 September 1999 666.7 183.0 Database identifier NNPP NNPP-NNRQ-NNRR-NNRS