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Public Works Loan Board

Volume 888: debated on Monday 10 March 1975

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asked the Chancellor of the Exchequer, in respect of loans in pursuance of Section 3 of the National Loans Act 1968 and Section 132 of the Finance Act 1972, what is the aggregate, at the latest available date, of (a) the commitments of the Public Works Loan Commissioners outstanding in respect of undertakings entered into by them to grant such loans, and (b) the advances in respect of such loans made.

Up to and including 7th March 1975 advances of loans by the Public Works Loan Commissioners in pursuance of Section 3 of the National Loans Act 1968, made under Section 4 of that Act and Section 132 of the Finance Act 1972, totalled £7,483,378,593, and commitments outstanding in respect of undertakings entered into by the commissioners at that date to grant such loans were £9,394,739.