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I thank my hon. Friend for his kind words and his question. He is right that supply is a key element. Raising LHA rates would be one thing, but it will not have the impact we need if we do not build the housing that is desperately needed.
I am working closely with my counterpart at the Ministry of Housing, Communities and Local Government, and we are looking at supply ahead of potential spending review bids. We will be holding regular meetings to discuss these matters further.