UK Lend-Lease Debt to USA to be Paid Dec 31 2006

international | history and heritage | other press Thursday May 11, 2006 01:18 by redjade

wow. you'd think these little details would have been accounted for by now...

Maybe the lawyers don't run the world - but the accountants control the lawyers (which control the politicians)?

1945 war debt to US 'almost paid'

Under the lend-lease programme, which began in March 1941, the then neutral US could provide countries fighting Hitler with war material.

The US joined the war soon after - in the wake of the attack on Pearl Harbour - and the programme ended in 1945.

The final payment of £45m will be made by the 31 December, meeting a 1945 obligation to repay the debt in full.

"Repayment of the war loans to the US Government is expected to be completed on December 31 2006," the Treasury's Ivan Lewis said in a written commons reply.

http://news.bbc.co.uk/1/hi/uk_politics/4970720.stm