Asked by: Danny Beales (Labour - Uxbridge and South Ruislip)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of excluding the council Housing Revenue Account from debt-targeted fiscal rules.
Answered by Darren Jones - Chief Secretary to the Treasury
Councils’ Housing Revenue Accounts are a significant part of local authority and public sector finances, and it would not be right to exclude this activity from our fiscal rules.