Proceeding contribution from Paul Burstow (Liberal Democrat) in the House of Commons on Monday, 2 February 2009. It occurred during Opposition day on Government Capital Expenditure.

Government Capital Expenditure

Will the right hon. Gentleman respond to a question I earlier asked my hon. Friend the Member for Twickenham (Dr. Cable) about the difficulty local authorities face in financing their capital programmes? In making good at the local level— through investment in their housing stock and schools—the damage that the right hon. Gentleman is talking about, how can they now bridge the gap caused by their not being able to realise receipts? My local authority is partly funding its programme from £12 million of receipts that it now does not anticipate will come about.

Secondary information

Type: Proceeding contribution
Reference: 487 c606
Session: 2008-09
Chamber / Committee: House of Commons chamber
Subjects: Banks Construction Capital investment Housing Finance Fiscal policy Economic situation International Monetary Fund Public expenditure Schools Economic recession
Link: View this Proceeding contribution on www.publications.parliament.uk

Government Capital Expenditure

Secondary information

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