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Mr. John Moore
asked the Chancellor of the Exchequer if he will publish in the Official Report a table showing for each year since 1945 (a) the amount of the Government's internal debt, (b) the Government's internal debt per head of population, (c) the amount of interest payable on the Government's internal debt and (d) the amount of interest payable on the Government's internal debt per head of population.
Mr. Denzil Davies,
pursuant to his reply [Official Report, 2nd August 1978], gave the following answer:
| CENTRAL GOVERNMENT DEBT,(1) HELD OUTSIDE THE CENTRAL GOVERNMENT SECTOR OTHER THAN OVERSEAS HOLDINGS AND INTERESTS PAYMENTS THEREON | ||||||||
| Debt outstanding at 31 March | Interest payments during year | |||||||
| (a) In value terms £million | (b) Per head of population £ | Expressed at March 1977 prices £ | (c) In value terms £ million | (d) Per head of population £ | Expressed at average 1977 prices £ | |||
| 1964 | … | … | — | — | — | 847 | 15·7 | 51·2 |
| 1965 | … | … | — | — | — | 860 | 15·8 | 49·2 |
| 1966 | … | … | 24,304 | 445 | 1,310 | 892 | 16·3 | 48·9 |
| 1967 | … | … | 25,003 | 455 | 1,294 | 950 | 17·3 | 50·5 |
| 1968 | … | … | 25,451 | 461 | 1,268 | 1,042 | 18·9 | 52·8 |
| 1969 | … | … | 24,727 | 447 | 1,157 | 985 | 17·8 | 47·2 |
| 1970 | … | … | 26,589 | 479 | 1,179 | 1,043 | 18·8 | 46·8 |
| 1971 | … | … | 27,822 | 499 | 1,129 | 1,159 | 20·8 | 47·3 |
| 1972 | … | … | 30,844 | 552 | 1,161 | 1,369 | 24·5 | 52·0 |
| 1973 | … | … | 31,019 | 554 | 1,077 | 1,542 | 27·5 | 53·5 |
| 1974 | … | … | 32,778 | 585 | 1,002 | 1,846 | 32·9 | 55·2 |
| 1975 | … | … | 37,756 | 674 | 953 | 2,212 | 39·5 | 53·3 |
| 1976 | … | … | 47,019 | 840 | 981 | 3,145 | 56·2 | 65·1 |
| 1977 | … | … | 56,328 | 1,007 | 1,007 | 3,956 | 70·7 | 70·7 |
| (1) Including Government guaranteed stocks of nationalised industries, which cannot be distinguished from Government securities in a sector analysis of holdings. | ||||||||