HC Deb 18 December 1985 vol 89 cc163-4W
Mr. Fletcher

asked the Secretary of State for Scotland if he will make a statement on the external financing limit for the North of Scotland Hydro Electric Board in the current financial year.

Mr. Younger

I have made the following change to the external financing limit of the North of Scotland Hydro Electric Board in 1985–86:

£ million
Previous limit -19
Revised limit -30
Change -11

The new limit, which is consistent with the board's estimated outturn for the current year reflects a reduced demand for external finance due to the board's successful efforts to increase sales and contain costs.