HC Deb 02 June 1927 vol 207 c534

asked the Chancellor of the Exchequer if there have been any defaults on account of the agricultural credits advanced by the Public Works Loan Board; and what is the amount advanced?

The CHANCELLOR of the EXCHEQUER (Mr. Churchill)

On the 31st March last instalments of loans were in arrear to the extent of £6,933 of which £5,961 represented interest. The total advances actually made to date are about £4,200,000 but loans granted and under consideration will raise this total to about £5,000,000.