Local Government Financing

Part of Opposition Day — [2nd Allotted Day] – in the House of Commons at 4:27 pm on 29th June 2010.

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Photo of Caroline Flint Caroline Flint Labour, Don Valley 4:27 pm, 29th June 2010

On the issue of building new homes, I understand that one of the areas under threat is the Kickstart programme, which was to support private construction by getting sites that had fallen during the recession under way again. Does he agree with the chairman of the Home Builders Federation, who said:

"Cutting Kickstart money, that creates immediate benefits in terms of local jobs and for the wider economy is a cut on investment not waste. Public money invested through Kickstart pulled in many more times that in private sector investment"?

Is there not a false economy in the cuts that are going ahead, which put more homes in jeopardy and do not make sense to the business community?

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