§ Mr. Strawasked the Secretary of State for the Environment whether he can confirm, on the basis of the 1980 housing investment programmes submitted to him by local authorities in England, that proportionately the largest reduction in capital spending between 1979–80 and 1980–81 took place in lending for house purchase and renovation (line 6 (c) of section B of the HIP2 return), comparing in real terms actual outturn in 1979–80 with estimated payments in 1980–81; and what the size of the reduction was in percentage terms.
§ Mr. StanleyYes. The estimated reduction is 46 per cent. in real terms. This comparison has been made at 1980 survey prices.