Capital Projects: Spending Decisions

Rachel Hopkins Excerpts
Thursday 9th February 2023

(1 year, 10 months ago)

Commons Chamber
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Rachel Hopkins Portrait Rachel Hopkins (Luton South) (Lab)
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Local councils, now and in the days and weeks ahead, will be going through their budget-making processes. The news that they may not be able to draw down on capital funding, whether it has already been agreed or is to be agreed, will put some of those budget-making processes at risk or add additional layers. I ask the Minister again: does his Department have the authority to release funds for current projects or authorise funds for future projects, or is the report in the Financial Times true—yes or no?

Lee Rowley Portrait Lee Rowley
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I explained the change at the outset: there is no change to the budgets that we have provided and there is no change to the local government finance settlement, which was announced yesterday.