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Long-Term Loans (Subscribers)

Volume 391: debated on Tuesday 13 July 1943

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asked the Chancellor of the Exchequer whether he will give details of the non-official sources from which 34 per cent, of the total of long-term loans raised since the outbreak of war have been subscribed?

The main classes of subscribers other than Government Departments are banks, including savings banks, building and friendly societies, insurance companies and other firms and individuals. As stated by my hon. Friend the Financial Secretary in the House on 7th July, subscriptions from these sources account for some 34 per cent, of the total war loans raised to the end of last June, but I regret that details of the amounts received from each class of subscriber are not available.