It's with great joy that we can announce that Her Majesty's Government has almost, almost mind you, paid off its' Lend Lease debt to the United States.
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.
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