That this House notes the publication of the Office of the Deputy Prime Minister Select Committee report which calls into question the Government's strategy on meeting the Decent Homes Target; further notes the report is supported by the Local Government Association, UNISON, ASPE and the Local Government Information Unit; shares the concerns expressed in critical reports by the Public Accounts Committee and the National Audit Office on the cost effectiveness of stock transfer; welcomes the Committee's recommendation that there should be a level playing field in the local authority stock options appraisal process, which currently incentivises stock transfer, PFI schemes or arms length management organisations; believes that the Government should make adequate funding arrangements for repairs and maintenance where tenants vote for their local authority to retain the housing stock; and urges the Government to provide an investment allowance as a revenue stream that can be used to finance borrowing using local authority's new right to borrow under the prudential framework.

That this House notes the publication of the Office of the Deputy Prime Minister Select Committee report which calls into question the Government's strategy on meeting the Decent Homes Target; further notes the report is supported by the Local Government Association, UNISON, ASPE and the Local Government Information Unit; shares...

That this House notes that the Treasury and Civil Service Committee conclusion in their Fourth Report (House of Commons Paper No. 236) that 'the evidence we have taken has cast serious doubt on the Personal Investment Authority's likely effectiveness as a body for investor protection'; believes that neither the public nor the industry should settle for a second best solution to the problems of self regulation; and calls on the Government to stop the PIA and to make an early statement on its proposals to put in place a regulatory system that enjoys the confidence of the public and the industry.

That this House notes that the Treasury and Civil Service Committee conclusion in their Fourth Report (House of Commons Paper No. 236) that 'the evidence we have taken has cast serious doubt on the Personal Investment Authority's likely effectiveness as a body for investor protection'; believes that neither the public...