HC Deb 23 November 1967 vol 754 c417W
86. Mr. J. E. B. Hill

asked the Chancellor of the Exchequer whether, in his post-devaluation direction of economic policy, agricultural production will, like exports, be treated as a priority for bank credit.

Mr. Diamond

Within the overall ceiling on advances (which does not apply to advances for exports and shipbuilding finance), one of the categories of lending to which the banks are asked to give priority is lending for agriculture, in so far as it promotes import saving.