BRITAIN’S DEBT BURDEN
ONE MILLION A DAY. THE OUTSTANDING ITEMS. (British Official Wireless.) (United Press Association.) (By Electric Telegraph—Copyright.) . RUGBY, February 23. (Received Feb. 24, at 5.5 p.m.) An abstract account of the Consolidated Fund, published by the Treasury, shows that Britain’s £1,000,000 per day debt burden last year includes interest payment of £310,000,000, management and expenses £1,400,000, and .a new sinking fund of £57,000,000. Other figures included in the account show that the cost of war pensions last year declined Lv £3,000,000 to £57,000,000. There are still oyer 1,476,000 persons receiving pensions and allowances. Since the Ministry of Pensions was established the total expenditure on war pensions and administration has exceeded £845.000,000.
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Otago Daily Times, Issue 20960, 25 February 1930, Page 9
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113BRITAIN’S DEBT BURDEN Otago Daily Times, Issue 20960, 25 February 1930, Page 9
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