HC Deb 08 July 1982 vol 27 c202W
30. Sir Hector Monro

asked the Minister of Agriculture, Fisheries and Food if he expects an overall reduction in farm borrowing from the banks in 1982–83.

Mr. Peter Walker

Figures for May show that outstanding bank advances to the industry continue to increase, but at a slower rate than last year. Developments in 1983 will depend on a number of variables including the industry's revenue position, which in turn will depend on price levels and harvest conditions.