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Local Authority Debt

Volume 656: debated on Tuesday 27 March 1962

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63.

asked the Minister of Housing and Local Government and Minister for Welsh Affairs what was the net increase in local authority debt for the years 1959, 1960 and 1961.

The figures are given below. Comparable figures are not yet available for the increase during 1960–61. The figures for Scotland are the concern of my right hon. Friend, the Secretary of State.

NET INCREASE IN LOCAL AUTHORITY LOAN DEBT
£ million
Financial YearEngland and Wales*Scotland†Great Britain
1958–59331·751·6383·3
1959–60363·250·7413·3
* Source: "Local Government Financial Statistics, England and Wales"—Ministry of Housing and Local Government.
† Source: "Local Financial Returns (Scotland)" Scottish Home Department.