Capital Projects: Spending

Baroness Taylor of Stevenage Excerpts

Thursday 26th October 2023 Lords Chamber

[Baroness Swinburne (Con)]

I will get back to the noble Baroness in writing with the specifics because I think it deserves a very detailed answer.

[Baroness Taylor of Stevenage (Lab)]

My Lords, with the urgent need for housing, why have the Government so seriously underspent their allocated housing funding? When will a long-term strategy to settle the housing crisis be resolved? What discussions have the noble Baroness and the Secretary of State had with the Treasury to overcome this additional barrier to solving the housing crisis?

[Baroness Swinburne (Con)]

It is fair to say that, with all the projects I have already spoken about, there is a distinct strategy for housing in this country by this Government. The supplementary estimates mean that the underspend is there for everyone to see, and I think it is very clear that the economic environment has impacted much of that spending. The department is doing as much as it possibly can to rectify this.