David Lammy
Main Page: David Lammy (Labour - Tottenham)(10 years, 9 months ago)
Commons ChamberOur banding floors protect the councils that are in the greatest need. For example, funds for the right hon. Gentleman’s own council, which still has a spending power of about £2,100 per household, are being reduced by just 1.5%, the English average being 1.3%. That is line with what the Government expect local authorities—which take up 25% of public spending—to do to clear up the mess of the deficit and debt left by the last Labour Government.
9. If he will review the operation of the new homes bonus.
The new homes bonus is already being evaluated, and a report will be published in the spring of 2014.
Will the Minister say something about why the scheme that his Prime Minister set up has been such a disaster? Just 1,427 homes have been built under this scheme, although we need 800,000 homes in London, because there is a huge demand problem. The average London deposit now costs our young people £100,000.
I am sorry, but the right hon. Gentleman clearly does not understand the scheme. It has delivered some £1.3 billion to local authorities, including about £5.5 million for his own authority.