§ 37. Mr. H. Hynd
asked the Minister of Fuel and Power to what extent his estimate of £300 million for the 10-year programme of nuclear power development includes interest charges; what sum he calculated for interest charges; and what will be the additional amount now required, in view of the Government's decision to increase the cost of borrowing money.
§ The Minister of Fuel and Power (Mr. Geoffrey Lloyd)
No, Sir. The estimate of capital expenditure does not include any interest charge.