HC Deb 27 May 1982 vol 24 c417W
Mr. McQuarrie

asked the Secretary of State for Scotland if he is now in a position to publish the report on assisted area status and regional aid policy for the whole of Scotland; and if he will make a statement.

Present levels Revised levels
Grant Loan Total Grant Loan Total
£ £ £ £ £ £
New house 4,000 5,500 9,500 6,500 10,000 16,500
House improvement 750 4,000 4,750 750 6,000 6,750
Farm building (erection or improvement) 1,750 1,750 3,500 3,750 3,750

The rate of interest on house loans has been increased from 3 ⅛ per cent. to 7 per cent.

The new levels of assistance will be available from today to new applicants as well as to any existing applicants who have not yet started work.