HC Deb 17 January 1989 vol 145 cc144-5W
Mr. William Ross

To ask the Secretary of State for Northern Ireland if he will publish in theOfficial Report a table to show information available to him on the sums on loan to farmers in Northern Ireland by the banks in each year or financial year since 1977 showing the sums in cash and real terms and also indicate in those same terms the interest charges due on those sums for each year or financial year if more convenient.

Mr. Viggers

The annual average level of bank advances for farming purposes and the estimated interest charges due on those sums for each year since 1977 in current prices and in real terms are as follows:

1 Adjusted to exclude farmers' estimated borrowings for non-agricultural purchases and for land purchases.

2 Interest on bank advances as in column (1). This differs from the interest estimates published in "The Statistical Review of Northern Ireland Agriculture", which also include interest on hire purchase and trade credit agreements.

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