§ Mr. RuaneTo ask the Secretary of State for Wales how much money will be allocated to(a) Wales and (b) Denbighshire in the Government's distribution of funds released from money raised from the sale of council houses in the last year and each of the next four years. [56408]
Mr. Jon Owen Jones£33.38m is available to Wales under the Capital Receipts Initiative in the current financial year (including the revenue consequences of the higher borrowing). Of this £708,000 has been allocated to Denbighshire.
My right hon. Friend is currently consulting on spending plans for Welsh Office programmes for the next three financial years and on changes to the local authority housing capital distribution arrangements. He will announce his decisions later in the year.