§ Mr. Spearingasked the Secretary of State for the Environment what allocation of money he intends to make to the London and Liverpool Dockland Development Corporations, respectively, for the year 1981–82, together with the respective amounts for 1980–81.
§ Mr. KingI take it that the hon. Gentleman meant to refer to 1982–83 rather than 1980–81. The total resource allocation for that year is to be some £64 million at estimated outturn prices, of which £24 million will be for the Merseyside Development Corporation and the rest for the London Docklands Development Corporation. The total resource allocation for 1981–82 is £82 million—rounded—at outturn prices, of which £17 million is for MDC and £65 million for LDDC—including a small amount of setting up expenditure not within the corporations' external financing limits. In addition, further resources may be provided to cover the acquisition of land from nationalised industries. It is misleading to compare directly the resource allocations in 1981–82 and 1982–83 as the bulk of the provisions in the former year is to finance the corporations' initial land purchases.