Business of the House

Chris Green Excerpts

Thursday 7th February 2019 Commons Chamber

[Andrea Leadsom]

First, I think the Bank of England is an incredibly valuable and valued institution. Its role, of course, is to prepare for all eventualities, as indeed is the job of Government—to be prepared for all eventualities. What the Bank of England does in its forecast is look at different outcomes in order that it can take measures as necessary to protect the UK economy and UK jobs and prosperity, and it is right that it does that. The hon. Gentleman will, of course, have the opportunity to raise the question of Bank of England forecasts in the debate next Thursday.

[Chris Green (Bolton West) (Con)]

A couple of years ago, Bolton Council’s Labour leadership handed over £300,000 of taxpayers’ money to now bankrupt Asons Solicitors. For the second year running, Labour has chosen to dodge auditing that handover of cash and a vast swathe of other moneys. Can we have a debate on the council’s lack of openness over how it handles taxpayers’ money?

[Andrea Leadsom]

My hon. Friend is right to highlight the need for local authority finances to be properly interrogated and for councils to take swift action to address any issues raised by auditors, but, as he will be aware, internal audit arrangements are a matter for each council to consider as part of its own governance arrangements. I am sure he will agree, however, that elected councillors must be transparent about financial arrangements, which are integral to local accountability, and I encourage him to seek an Adjournment debate or to raise his concerns directly with Ministers in the Ministry of Housing, Communities and Local Government.