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Mr. Douglas
asked the Chancellor of the Exchequer if he will provide a table indicating the aggregate and percentage of interest payments by the United Kingdom Government to the public sector borrowing requirement for the latest available 10 years.
Mr. Biffen
The information requested is given in the table below
| TOTAL PUBLIC SECTOR INTEREST PAYMENTS* | ||
| Aggregate £ million | As a percentage of the public sector borrowing requirement Per cent. | |
| 1970 | 2,144 | ..† |
| 1971 | 2,211 | 159·6 |
| 1972 | 2,408 | 117·2 |
| 1973 | 2,981 | 71·1 |
| 1974 | 4,031 | 62·7 |
| 1975 | 4,763 | 45·4 |
| 1976 | 6,078 | 66·6 |
| 1977 | 7,057 | 117·7 |
| 1978 | 7,965 | 95·4 |
| 1979 | 9,606 | 76·2 |
| * On a national accounts basis and excluding intra public sector payments. | ||
| † Public sector borrowing requirement was negative. | ||
Source: National Accounts.