HC Deb 20 May 1997 vol 294 cc48-9W
Mr. Corbyn

To ask the Secretary of State for the Environment, Transport and the Regions what is his estimate for each London borough of money available from capital receipts to finance a housing programme. [171]

Mr. Raynsford

Local authorities already have usable capital receipts which are available for any capital purpose (including housing). The amounts of these receipts, for each London Authority, are set out in the table.

In addition, however, we will be consulting the Local Government Association, the Association of London Government and local authorities on the Government's Capital Receipts initiative. No decision about the basis on which resources are to be distributed to individual authorities will be made until that consultation process is complete.

Accumulated usable capital receipts held at 31 March 1996
£000
Barking and Dagenham 51,956
Barnet 17,299
Bexley 6,861
Brent 2,506
Bromley 0
Camden 215
City of London 76,685
Croydon 1,338
Ealing 129
Enfield 7,272
Greenwich 3,553
Hackney 0
Hammersmith and Fulham 0
Haringey 4
Harrow 14,066

Accumulated usable capital receipts held at 31 March 1996
£000
Havering 13,956
Hillingdon 16,869
Hounslow 450
Islington 55
Kensington and Chelsea 0
Kingston upon Thames 365
Lambeth 550
Lewisham 814
Merton 0
Newham 82
Redbridge 5,068
Richmond upon Thames 9,825
Southwark 0
Sutton 1,066
Tower Hamlets 0
Waltham Forest 3,041
Wandsworth 10,365
Westminster 12,937
Total 257,327

Source:

1995–96 capital outturn returns.

Forward to