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Mr. Spellar
To ask the Chancellor of the Exchequer what is the breakdown of the public sector borrowing requirement in the last fiscal year between central and local government. [32819]
Mr. Waldegrave
Central Government borrowing, on its own account, was £38.3 billion in 1994–95. Local authorities made a net payment of £1.1 billion and public corporations made a net repayment of £1.9 billion.