§ Mr. SalmondTo ask the Secretary of State for Education and Science what was the actual cost incurred in building and equipping Stirling university; and what is the projected cost at present prices, adjusted for inflation.
§ Mr. Alan Howarth[holding answer 14 May 1991]: Payments of capital grant allocated by the University Grants Committee between 1966 and 1985 for building and furnishing Stirling university, excluding student residential accommodation, were as follows:
Calendar year Grant £ 1990 prices1 £ 1966 429,848 3,592,232 1967 872,236 7,081,731 1968 551,366 4,295,279 1969 1,061,043 7,842,162 1970 1,261,529 8,683,080 1971 1,632,043 10,272,796 1972 969,380 5,641,655 1973 350,097 1,902,842 1974 168,276 796,026 1975 69,725 259,295 1976 180,563 583,010 1977 8,575 24,305 1978 35,118 89,391 1979 102,225 227,494 1980 17,211 32,053 1981 104,738 175,078 1982 484,445 752,584 1983 — — 1984 153,125 216,098 1985 68,105 90,894 1 1990 prices have been calculated using the GDP deflator.