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Mr. Chris Smith
To ask the Chancellor of the Exchequer if he will publish the total local authority borrowing requirement for each year from 1978–79 to 1991–92, estimated.
Mr. Mellor
The total local authority borrowing requirement (LABR) for each year from 1978–79 to 1990–91 is as follows:
| LABR £ billion | |
| 1978–79 | 1·3 |
| 1979–80 | 3·0 |
| 1980–81 | 2·1 |
LABR £ billion
| |
| 1981–82 | -0·2 |
| 1982–83 | 0·1 |
| 1983–84 | 1·2 |
| 1984–85 | 2·4 |
| 1985–86 | 1·7 |
| 1986–87 | 0·1 |
| 1987–88 | 1·4 |
| 1988–89 | 0·3 |
| 1989–90 | 1·3 |
| 1990–91 | 3·4 |
An estimate for the LABR in 1991–92 will be published in the 1992 FSBR.