I assure the hon. Gentleman that it most certainly is true.
The analysis of the relatively modest impact of the subsidies settlement on local authority rents would appear to he confirmed by those authorities which have already settled their rent levels for 1992–93. In particular, I note that Glasgow has opted for an average increase of about 7 per cent., while Edinburgh is considering an increase in the range of 5 to 7 per cent. The hon. Members for Dundee, East (Mr. McAllion) and for Dundee, West (Mr. Ross) will be aware that the increase in that city will be 6.5 per cent.
The proposals made tonight constitute a fair and reasonable subsidies package. They set out an acceptable balance between the interests of the council tenant, the community charge payer and the national taxpayer. We have consulted local authorities about the order and I strongly commend it to the House.