Treasury written question – answered at on 24 June 2013.
To ask the Chancellor of the Exchequer
(1) what assessment he has made of the US Department of the Treasury webpage that enables US citizens to donate online to reduce the US national debt; and if he will consider introducing a similar page on gov.uk;
(2) by what means members of the public can make gifts for the reduction of the national debt;
(3) how many gifts from members of the public were made for the purposes of reducing the national debt in each of the last 10 years; what the (a) nature and (b) value of each gift was; and if he will list the non-monetary gifts.
Gifts to the Crown for the reduction of the national debt are processed by the Commissioners for the Reduction of the National Debt (CRND) at the Debt Management Office (DMO). CRND has a statutory function to manage any donations and payments given with respect to gifts for the reduction of the national debt. Information on the CRND is available on the DMO's website.
Members of the public wishing to make donations for the purpose of reducing the national debt can contact the DMO by phone, email or in writing. Payments can be made by cheque to the CRND, or directly to the CRND's donations and bequests bank account Bank of England.
The Government currently assesses these arrangements to be appropriate but continues to keep them under review.
Information on the nature and value of gifts donated by the public for the purpose of reducing the national debt since 2004-05 is set out in the following table. The DMO does not hold data on individual donations prior to this date. The CRND accept cash and securities only, so other gifts from the public (eg property and other chattels) must be liquidated before the cash proceeds can be processed.
Details of CRND individual cash and security receipts since 2004-05 | ||
Instrument | Trade date | Value (£) |
2004-05 | ||
GBP Cash | 1 June 2004 | 1.99 |
GBP Cash | 15 June 2004 | 125.00 |
GBP Cash | 9 August 2004 | 600,000.00 |
GBP Securities | 9 September 2004 | 0.41 |
GBP Securities | 8 October 2004 | 0.76 |
GBP Cash | 8 October 2004 | 53,026.18 |
GBP Securities | 19 October 2004 | 0.74 |
GBP Cash | 1 December 2004 | 1.99 |
GBP Cash | 20 December 2004 | 100.00 |
GBP Cash | 23 December 2004 | 3,908.95 |
GBP Cash | 1 February 2005 | 33,427.95 |
690,593.97 | ||
2005-06 | ||
GBP Cash | 29 April 2005 | 11,152.00 |
GBP Cash | 1 June 2005 | 1.99 |
GBP Securities | 21 June 2005 | 68.49 |
GBP Cash | 23 June 2005 | 40.00 |
GBP Cash | 30 June 2005 | 100.00 |
GBP Cash | 25 August 2005 | 428,328.95 |
GBP Cash | 15 November 2005 | 100.00 |
GBP Securities | 17 November 2005 | 57.81 |
GBP Cash | 1 December 2005 | 1.99 |
GBP Securities | 7 December 2005 | 2,917.06 |
GBP Securities | 16 December 2005 | 4.22 |
GBP Securities | 20 December 2005 | 4.52 |
GBP Securities | 21 December 2005 | 0.01 |
GBP Securities | 23 December 2005 | 45.17 |
GBP Securities | 23 December 2005 | 4.51 |
GBP Cash | 23 December 2005 | 2,16 |
GBP Cash | 28 December 2005 | 6.39 |
GBP Cash | 4 January 2006 | 3.30 |
GBP Securities | 10 January 2006 | 88.89 |
GBP Securities | 13 January 2006 | 4.51 |
GBP Cash | 17 January 2006 | 19.25 |
GBP Cash | 19 January 2006 | 13.12 |
GBP Securities | 20 January 2006 | 9.74 |
GBP Cash | 26 January 2006 | 25.25 |
GBP Securities | 21 February 2006 | 22.57 |
GBP Securities | 21 February 2006 | 5.84 |
GBP Securities | 21 February 2006 | 4.75 |
GBP Cash | 23 February 2006 | 29.89 |
GBP Cash | 24 February 2006 | 21,334.00 |
GBP Securities | 29 March 2006 | 26.69 |
464,423.07 | ||
2006-07 | ||
GBP Cash | 7 April 2006 | 0.59 |
GBP Securities | 18 April 2006 | 41.29 |
GBP Securities | 18 April 2006 | 16.52 |
GBP Cash | 26 April 2006 | 71.60 |
GBP Securities | 23 May 2006 | 26.17 |
GBP Cash | 26 May 2006 | 3.30 |
GBP Cash | 1 June 2006 | 1.99 |
GBP Securities | 22 June 2006 | 119.81 |
GBP Securities | 22 June 2006 | 4.20 |
GBP Cash | 27 June 2006 | 11.28 |
GBP Cash | 6 September 2006 | 2,576.30 |
GBP Securities | 14 September 2006 | 25.75 |
GBP Securities | 14 September 2006 | 2.84 |
GBP Securities | 14 September 2006 | 4.44 |
GBP Securities | 14 September 2006 | 0.63 |
GBP Securities | 14 September 2006 | 0.45 |
GBP Cash | 21 September 2006 | 48.07 |
GBP Cash | 1 December 2006 | 1.99 |
GBP Cash | 30 January 2007 | 10,000.00 |
GBP Securities | 1 March 2007 | 8.65 |
GBP Cash | 14 March 2007 | 5.76 |
12,971.63 | ||
2007-08 | ||
GBP Securities | 1 May 2007 | 121.29 |
GBP Securities | 1 May 2007 | 1.05 |
GBP Cash | 1 June 2007 | 1.99 |
GBP Securities | 19 June 2007 | 0.45 |
GBP Cash | 20 June 2007 | 0.10 |
GBP Cash | 9 July 2007 | 309,251.40 |
GBP Cash | 23 August 2007 | 5,000.00 |
GBP Cash | 4 December 2007 | 1.99 |
GBP Cash | 11 December 2007 | 550,000.00 |
GBP Securities | 7 February 2008 | 4.18 |
GBP Cash | 11 February 2008 | 2.25 |
864,38470 | ||
2008-09 | ||
GBP Securities | 28 April 2008 | 8.14 |
GBP Cash | 2 June 2008 | 1.99 |
GBP Securities | 28 July 2008 | 3.74 |
GBP Securities | 28 July 2008 | 471.22 |
GBP Cash | 6 August 2008 | 0.48 |
GBP Cash | 1 December 2008 | 1.99 |
GBP Cash | 12 December 2008 | 162.07 |
GBP Securities | 13 January 2009 | 0.95 |
GBP Cash | 16 January 2009 | 0.07 |
GBP Securities | 10 February 2009 | 7,288.79 |
GBP Securities | 10 February 2009 | 12.01 |
GBP Cash | 20 February 2009 | 11.18 |
GBP Securities | 16 March 2009 | 180.03 |
8,142.66 | ||
2009-10 | ||
GBP Cash | 29 April 2009 | 60.00 |
GBP Securities | 1 May 2009 | 16.57 |
GBP Cash | 6 May 2009 | 8.10 |
GBP Cash | 1 June 2009 | 1.99 |
GBP Securities | 20 July 2009 | 0.59 |
GBP Cash | 23 July 2009 | 0.01 |
GBP Cash | 1 December 2009 | 1.99 |
GBP Cash | 16 March 2010 | 167,969.02 |
168,058.27 | ||
2010-11 | ||
GBP Cash | 1 June 2010 | 17,848.83 |
GBP Cash | 1 June 2010 | 1.75 |
GBP Cash | 1 June 2010 | 0.08 |
GBP Cash | 1 June 2010 | 0.08 |
GBP Cash | 1 June 2010 | 0.08 |
GBP Securities | 10 June 2010 | 135.04 |
GBP Securities | 10 June 2010 | 20.30 |
GBP Cash | 15 June 2010 | 3.52 |
GBP Securities | 24 June 2010 | 3.90 |
GBP Cash | 29 June 2010 | 5.76 |
GBP Cash | 2 July 2010 | 60.00 |
GBP Cash | 15 November 2010 | 36,785.53 |
GBP Cash | 1 December 2010 | 1.99 |
GBP Securities | 31 January 2011 | 0.22 |
GBP Securities | 7 February 2011 | 7.28 |
GBP Cash | 11 February 2011 | 1.70 |
54,876.07 | ||
2011-12 | ||
GBP Cash | 4 May 2011 | 1,416.93 |
GBP Cash | 10 May 2011 | 0.01 |
GBP Securities | 5 May 2011 | 0.38 |
GBP Securities | 2 Jun 2011 | 0.01 |
GBP Securities | 28 June 2011 | 17.06 |
GBP Securities | 14 July 2011 | 7.80 |
GBP Securities | 19 September 2011 | 1.61 |
GBP Securities | 19 September 2011 | 4.45 |
GBP Securities | 19 September 2011 | 42.80 |
GBP Cash | 1 June 2011 | 1.99 |
GBP Cash | 5 July 2011 | 1.44 |
GBP Cash | 5 July 2011 | 1.26 |
GBP Cash | 5 July 2011 | 0.11 |
GBP Cash | 20 July 2020 | 5.61 |
GBP Cash | 22 September 2011 | 6.72 |
GBP Cash | 1 December 2011 | 1.99 |
GBP Cash | 14 December 2011 | 18,478.49 |
GBP Cash | 12 March 2012 | 1,075.00 |
GBP Cash | 29 March 2012 | 120.00 |
21,183.67 | ||
2012-13 | ||
GBP Cash | 23 April 2012 | 650.00 |
GBP Cash | 1 June 2012 | 0.08 |
GBP Cash | 1 June 2012 | 0.08 |
GBP Cash | 1 June 2012 | 0.08 |
GBP Cash | 24 October 2012 | 101,946.98 |
GBP Securities | 30 October 202012 | 0.04 |
GBP Securities | 30 October 2012 | 0.07 |
GBP Cash | 6 November 2012 | 7,000.00 |
GBP Cash | 3 December 2012 | 1.99 |
GBP Securities | 31 January 2013 | 8.84 |
GBP Cash | 4 February 2013 | 3.06 |
GBP Cash | 7 February 2013 | 10,000.00 |
GBP Securities | 18 February 2013 | 41.91 |
GBP Cash | 5 March 2013 | 1,988.20 |
GBP Cash | 28 March 2013 | 284,964.00 |
GBP Cash | 1 June 2013 | 1.75 |
406,607.08 |
Yes7 people think so
No0 people think not
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