HC Deb 05 November 1974 vol 880 cc120-1W
Mr. Bulmer

asked the Minister of Agriculture, Fisheries and Food what rate of interest his Department is currently recommending to farmers that they take into account when calculating the cost of the borrowing requirement for future investment over 3, 5, 8 and 10 years.

Mr. Bishop

My Department does not make recommendations of this nature. Farmers generally are aware of current bank lending rates and no doubt take these into account when estimating likely borrowing costs.