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Mr. Meale
To ask the Chancellor of the Exchequer what information he has on which local authorities were involved in problems with interest rate swaps, including details of the amounts involved in each case.
Mr. Key
I have asked to reply.I am not aware of any comprehensive list of authorities which were involved in interest rate swaps and the amounts involved in each case. A list of authorities was published in
The Daily Telegraph on 2 January 1991 and was the subject of comment in the Local Government Chronicle on 11 January. I cannot vouch for the accuracy of the list.