Below is the text of Mr Major’s written Parliamentary Answer on Charities on 30th November 1989.
Mr. Ashley To ask the Chancellor of the Exchequer on how many occasions since 1959 Governments have borrowed money from a charitable trust.
Mr. Major I regret that this information is not available. When the Government borrow they do so mainly through the issue of securities, which may be bought by charitable trusts, either directly or in the market. The extent of such purchases is not known.