§ Mr. Simon Hughesasked the Secretary of State for the Environment what is the percentage change in the housing investment programme allocation for England between the financial years 1986–87 and 1987–88.
§ Mr. John Patten[pursuant to his reply, 12 December 1986, c. 283]: Total provision for housing investment by local authorities in England in 1987–88 has been increased by 15 per cent. (11 per cent. in real terms) over provision for 1986–87. Because an increased proportion of this total will be taken up by the spending power local authorities possess in the form of capital receipts, the proposed allocation total, which will determine the amount of borrowing approved for housing purposes, has been reduced by 7 per cent.