Speeches

Lord Laird – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Laird on 2015-10-19.

To ask Her Majesty’s Government how much the government of the Republic of Ireland has borrowed from Her Majesty’s Government, and what are the arrangements for repayment.

Lord O’Neill of Gatley

I refer the noble Lord to the most recent statutory report which the Treasury provided to Parliament as required by Section 2 of the Loans to Ireland Act 2010. The last report was laid before Parliament on 15 October 2015 and is available in the Printed Paper Office

This report shows the outstanding loan principal is £3,226,960,000, with repayments due in tranches from 15 April 2019, until 26 March 2021.