Housing Stock Transfers (Investment)

Part of First Minister's Question Time — Prime Minister (Meetings) – in the Scottish Parliament at 3:11 pm on 13 March 2003.

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Photo of Rt Hon Jack McConnell Rt Hon Jack McConnell Labour 3:11, 13 March 2003

I think that Margaret Curran has made it clear that she is keen to look at a range of different options. As she will shortly be publishing a consultation paper on the matter, it would be wrong of me to pre-empt that. I emphasise today that the changes to local authority capital borrowing powers, particularly in relation to housing, will make a difference, as will the range of options that are to be made available to local authorities, which will increase their freedom to invest in their local stock. That is a good thing and I look forward to its happening over the next two years.