§ Sir Nicholas Fairbairn
To ask the Chancellor of the Exchequer if he will list for each transaction the sums advanced by the Treasury to Western Isles islands council in 1990 and 1991; if he will give the reasons for each advance; and what was the rate of interest charged by the Treasury on each advance.
§ Mr. Maples
[holding answer on 22 July 1991]: The Treasury does not lend money to local authorities. Public sector lending to local authorities is carried out by the Public Works Loan Board. The PWLB does not disclose its transactions with individual authorities.