Baroness Janke
Main Page: Baroness Janke (Liberal Democrat - Life peer)Department Debates - View all Baroness Janke's debates with the Wales Office
(6 years, 5 months ago)
Lords ChamberMy Lords, I thank the noble Lord for that question. I am certainly aware of some of the problems relating to London. The noble Lord, Lord Kennedy, referred to money going back to the Treasury, and I think I am right in saying that £64 million was handed back to the Treasury by the GLA and the mayor. The noble Lord might not have been aware of that. In the recent Budget, we raised the cap on borrowing by councils by £1 billion in 2019, which will help. The noble Lord is right that these things cannot be done without finance, but I think he would accept that, in a market system, ensuring that we are building more in the areas of greatest need and highest prices will have a market effect and should deliver over a period of time, though not overnight.
What plans do the Government have on the holding of vacant sites and land banking? Would they consider enabling local authorities to levy a tax on unused sites, as part of the Government’s proposals?
My Lords, the noble Baroness raises an issue of some importance. As I indicated, the issue of land banking is being looked at by a review by Sir Oliver Letwin that predated yesterday’s Statement. We want to see what his conclusions and recommendations are and then carry it forward. I know that this issue concerns noble Lords around the House. We will obviously look at it in the round when we see what Sir Oliver’s proposals are.