Clause 11 — Use of Capital Receipts

Part of Local Government Bill – in the House of Commons at 11:45 pm on 17th September 2003.

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Photo of John Gummer John Gummer Conservative, Suffolk Coastal 11:45 pm, 17th September 2003

The hon. Gentleman is right. The Government do not understand the laws of supply and demand. They do not understand that, in the present housing crisis, it does not matter where the houses are built, nor what sort of houses are built. We have a shortage at every level, and in every circumstance. The Minister is merely carrying out the diktat of the Treasury. He must get his fingers on as much money as possible, use it centrally, and put it where it can aid his friends. That is what this is about—taking from those who need and giving to those who might support this Government. We know that, as does the House of Lords. The amendment will be rejected, not because it is a matter of privilege but because it is a way of fiddling the books.