§ Mr. BlunkettTo ask the Secretary of State for the Environment if he will make a statement about the implications of the downturn of the property market on the resources of urban development corporations and on the financial difficulties faced by urban development corporations as a result of falling land prices and rising infrastructure costs.
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§ Mr. PortilloUrban development corporations are well placed to respond flexibly to changing economic conditions and are continuing to act positively to maximise development opportunities. The Government's firm commitment to their work is reflected in our spending programmes for the years ahead.