HC Deb 27 March 1973 vol 853 cc294-5W
Mr. Wiggin

asked the Minister of Agriculture, Fisheries and Food if he will publish in the OFFICIAL REPORT a table showing for each of the years 1968–69 to 1973–74 (a) the sum spent, or to be spent, on the Farm Capital Grant Scheme and grants absorbed by the scheme, (b) the same sum related to a constant value of money, and (c) the same sum as in (b) further adjusted to take into account changes in cost of the items concerned.

Mrs. Fenner

Answers to the first two parts of the Question are set out below.

As to the third part, I regret that the information available is not sufficient to enable the figures to be adjusted to take account of changes in the cost of the individual items concerned.

Following is the information:

Column 1 Column 2
Expenditure on Farm Capital Grant Scheme and grants absorbed by that scheme Expenditure in Column 1 at 1968–69 money values*
£ million £ million
1968–69 24.5 24.5
1969–70 27.7 26.3
1970–71 36.5 32.7
1971–72 57.6 48.2
1972–73 74.1 59.5†
(Forecast Outturn)
1973–74 92.9
(Estimate)
*Adjusted by reference to the Consumer Price Index.
†This figure does not reflect price changes in the first quarter of 1973 which are not yet available.
‡Price changes for 1973–74 not available.