§ Mr. Rippon
asked the Chancellor of the Exchequer what borrowing overseas was undertaken by public sector bodies other than Her Majesty's Government between May 1970 and February 1974 and what amount was repaid; and what are the equivalent figures for the period March 1974 to the latest date for which figures are available.
§ Mr. Robert Sheldon
Between May 1970 and February 1974 United. Kingdom public sector bodies, other than Her Majesty's Government, borrowed foreign currencies equivalent to $3.2 billion. During this period repayments were negligible. Between March 1974 and April 1976 the amounts were $5.0 billion and $0.3 million, respectively.