Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

Business of the House

Part of Transport – in the House of Commons at 10:32 am on 12th March 2020.

Alert me about debates like this

Photo of Bob Blackman Bob Blackman Conservative, Harrow East 10:32 am, 12th March 2020

I apologise for not being present at Transport questions, due, ironically, to a delay on the Jubilee line. It is extremely welcome that the Budget announced that local authorities are going to be allowed to build more council homes and to borrow money at a cheap price from the Public Works Loan Board. However, local authorities up and down the country have used the very low interest rate to buy retail centres, which are high-risk ventures, in order to generate income for the future. Will my right hon. Friend arrange a debate or a statement to make sure that local authorities do not abuse their new powers and that, rather than buying retail centres, they get people the homes they need?