Westferry Printworks Development

Part of the debate – in the House of Commons at 1:21 pm on 24th June 2020.

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Photo of Steve Reed Steve Reed Shadow Secretary of State for Communities and Local Government 1:21 pm, 24th June 2020

The hon. Gentleman makes a very important point, and I agree with him. Indeed, the Secretary of State allowed the applicant to reduce the proportion of affordable and social housing in the scheme from the 35% supported by his own advisers to the 21% preferred by Mr Desmond. According to Tower Hamlets Council, that decision saved Mr Desmond a further £106 million. That is a considerable amount of money in total that the Secretary of State saved Mr Desmond—money that would have gone to fund things like schools, libraries, youth clubs or clinics in one of the most deprived communities anywhere in this country.