§ Mr. GogginsTo ask the Secretary of State for the Environment, Transport and the Regions what estimate he has made of the value of the set-aside receipts from the sale of council houses(a) in total and (b) since 1990 for (i) England, (ii) Manchester and (iii) Trafford. [1633]
§ Mr. RaynsfordBetween 1990–91 and 1995–96, the value of housing receipts set aside from the sale of local authority housing and associated land in England was £5,283 million. The corresponding figure for Manchester was £63.0 million and for Trafford £10.3 million. However, individual authorities may have used these receipts to repay debt or in lieu of further borrowing and so may no longer retain them in the form of cash and investments. No information is available on the value of receipts set aside before 1990–91.