HC Deb 12 June 1992 vol 209 cc345-6W
Mr. Raynsford

To ask the Secretary of State for the Environment what is his Department's latest estimate of the total amount of capital receipts likely to be available to local authorities for housing investment in 1992–93.

Mr. Baldry

Estimates of the availability of future capital receipts are inevitably uncertain. However, the department currently anticipates that local authorities in England will have access to some £1.6 billion of usable receipts to support capital investment across all services in 1992–93. decisions on spending from receipts on individual services such as housing are matters for authorities themselves.