HC Deb 11 February 1970 vol 795 cc338-9W
47. Mr. Bryant Godman Irvine

asked the Minister of Agriculture, Fisheries and Food if he will set out the total loans outstanding to farmers at the beginning and the end of the last convenient period of 12 months with the Agricultural Mortgage Corporation, banks and other sources, respectively.

TOTAL LOANS OUTSTANDING TO FARMERS
Value (£ millions) As at
1968 1969
Bank advances to Agriculture, Forestry and Fisheries—United Kingdom 551.6 547.6 Mid-November
Agricultural Mortgage Corporation Ltd. 118.3 148.5 December
Scottish Agricultural Securities Corporation Ltd. 7.2 8.2 September
Lands Improvement Co. Ltd. (Great Britain) 2.2 2.3 September
Government Loans for amalgamations:
Great Britain * * December
Northern Ireland * * September
Northern Ireland Agricultural Loans Fund 0.1 0.1 September
Hire purchase (estimated) 16.0 15.0 November
* Less than £50,000

No reliable information on the amount of credit extended to farmers by merchants, auctioneers, etc., nor of the extent of private loans, is available.