HC Deb 13 January 1992 vol 201 cc437-8W
Mr. Soley

To ask the Chancellor of the Exchequer if he will publish details of the assumptions used in assessing the proceeds from local authority asset sales for 1992–93 in table 1.A.13 of the Grey Book, including the expected proceeds from right-to-buy and voluntary transfers; and what allowance has been made in the forecast increase in local authority sales proceeds for 1992–93 for the declining trend in the right-to-buy.

Mr. David Mellor

Table 1.A.13 of the 1991 Autumn Statement, Cm 1729, shows local authority purchases and sales of land and buildings. The figures for local authority asset sales for 1992-–3 were rounded to the nearest £1 billion, reflecting their tentative nature. These are broad estimates based, among other things, on the proceeds from such asset sales in previous years, and it would not be appropriate to break down the analysis in detail.