Photo of Malcolm Bruce

Malcolm Bruce (Gordon, Liberal Democrat)

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.

Photo of Sajid Javid

Sajid Javid (The Economic Secretary to the Treasury; Bromsgrove, Conservative)

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

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