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Clause 25

Housing and Regeneration Bill

Public Bill Committees, 15 January 2008, 5:45 pm

Photo of Iain Wright

Iain Wright (Parliamentary Under-Secretary, Department for Communities and Local Government; Hartlepool, Labour)

I will answer the hon. Gentleman first because that is the easier question. The £2,300 million is the absolute limit. Everything is contained within that. In respect of the right hon. Gentleman’s question, I was a very bad auditor which is why I had to become a Member of Parliament. I cannot provide a great deal of clarification on his very pertinent point about the golden rule. If he allows, I will look into that and try to find inspiration in the short to medium term and then respond to him and provide information to the Committee.

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