§ Mr. Cleggasked the Secretary of State for the Environment how many houses and industrial premises are under construction in the area of the Central Lancashire New Town.
§ Mr. Guy BarnettThe Development Corporation has under construction 1,876 houses, and 26 factories providing when completed 194,000 square feet of floor area.
§ Mr. Cleggasked the Secretary of State for the Environment how many hectares of agricultural land have been acquired by the Central Lancashire New Town Development Corporation; and how many of these are still in production.
§ Mr. Guy BarnettThe Development Corporation has acquired 3,500 hectares of land. There is no information available as to what part of this land was originally agricultural, but 2,700 hectares are currently in agricultural use.
§ Mr. Cleggasked the Secretary of State for the Environment how much money has been loaned to the Central Lancashire New Town Development Corporation; and what is the annual amount of the interest charge thereon.
§ Mr. Guy BarnettThe Development Corporation's long-term loans to 31st March 1976 amounted to £48 million. These loans are repayable over 60 years by equal half-yearly instalments of interest and principal combined, the rate of interest on any loan being fixed when the loan is taken up. The average rate of 345W interest being paid by the corporation at 31st March was 13.97 per cent.