(6 years, 8 months ago)
Commons ChamberYes, I very much agree with my hon. Friend. There is no need to trade-off between the two. We have shown through the consultations today that it is absolutely possible both to protect our environment and to deliver the homes that this country needs.
I bring excellent news for the Secretary of State from the city of Nottingham. We are ready to build the houses we need to; we just need him to remove the cap on Nottingham City Council’s ability to borrow in order to do so. When will the cap be removed?
The £1 billion increase that the Chancellor set out at the last Budget will be from 2019, but if Nottingham has particular plans and wants to consider approaching us for a housing deal, it should do that.
(6 years, 11 months ago)
Commons ChamberI remind the hon. Lady that when the revaluation happened, it came with £3.6 billion of transitional funding, which will help throughout the country. She is right to ask about some of the longer-term issues relating to the structure of business rates. It is for the Treasury to respond on that and certainly on the timing of any future review. The pilots announced today are part of a plan to make sure that, whatever their future structure, if business rates can be retained more locally, that will give local councils the right incentives.
The Secretary of State did not decisively address the question of my constituency neighbour, my hon. Friend the Member for Nottingham East (Mr Leslie), about the transition grant. Perhaps I will have more luck. If the transition grant is to remain, will the Department for Communities and Local Government—after two years of repeated requests from Nottingham—publish both the formula and the assumptions that sit behind it?
My hon. Friend raises an important point. It has now become apparent that, despite all the talk from this Labour Mayor of London, not a single home for social rent was started during his first year in office. According to the National House Building Council, housing starts are down by a third in the last quarter. That is his track record. He needs to live up to his words and build more homes for Londoners.