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65.
Mr. CHURCHILL
asked the Chanellor of the Exchequer whether he can state, on the comparable basis adopted in the Budget Statement of 1928, the net yield available for the repayment of the National Debt and the payment of the interest on savings certificates annually encashed in each of the six years from 1924–25 to 1929–30, inclusive?
Mr. P. SNOWDEN
I am circulating in the OFFICIAL REPORT a table giving the figures asked for by the right hon. Gentleman.
Following is the table:
Interest on Savings Certificates.
| ||||
| Financial Year. | Estimated. | Actual. | ||
| Provided from Budget. | Borrowed. | |||
| £ | £ | £ | ||
| 1924–5 | … | 7,000,000 | 7,101,000 | — |
| 1925–6 | … | 7,000,000 | 7,103,000 | — |
| 1926–7 | … | 7,000,000 | 12,279,000 | — |
| 1927–8 | … | 9,000,000 | 15,077,000 | — |
| 1928–9 | … | 13,600,000 | 17,934,000 | — |
| 1929–30 | … | 16,600,000 | 15,542,000 | 4,819,000 |
| 1930–31 | … | 23,000,000 | — | — |