Colvilles Limited (Interest Rates)

HC Deb 17 April 1962 vol 658 cc53-4W

Mr. Dempsey

asked the Minister of Power what is the rate of interest in terms of a definite percentage chargeable to Messrs. Colvilles Limited, for financial

PUPILS IN FIRST AND FIFTH YEARS OF SENIOR SECONDARY SCHOOLS AND NUMBERS OF PUPILS PRESENTED FOR THE SCOTTISH LEAVING CERTIFICATE
Number of pupils	1952	1954	1956	1957	1959	1961
In first year class of senior secondary schools*	25,858	25,859	27,681	28,391	30,453	33,537
In fifth year class of senior secondary schools*	6,952	7,702	8,166	8,593	10,217	12,443
Presented for Scottish Leaving Certificate†	10,210	11,214	12,359	13,003	15,503	18,562
* Public and grant-aided schools.	† All schools.

assistance received in connection with their industrial development.

Mr. George

The rates of interest charged to Colvilles Limited on the two instalments of the loan which the company has drawn were 6⅛ per cent. and 6¼ per cent., respectively.