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Public Works Loan Board

Volume 888: debated on Friday 14 March 1975

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asked the Chancellor of the Exchequer (1) if he will publish in the Official Report a list of new loans advanced by the Public Works Loan Board since 1972 ;(2) if he will publish in the

Official Report a list of receipts of loans repaid by local authorities to the Public Works Loan Board since 1972.

These two Questions could be answered only at the cost of disproportionate time and effort. I can, however, provide the following summary of

Receipts
PeriodNew Advances(i)Principal(ii)Interest
(£ million)(£ million)(£ million)
1st January—31st March 1972277·667·3105·6
1st April 1972–31st March 19731,225·4298·2442·7
1st April 1973–31st March 19741,381·2387·3533·6
1st April 1974–28th February 19751,690·0596·2605·5
The Annual Reports of the Public Works Loan Board provide a more detailed breakdown of loans and receipts, according to the type of borrower.