Richard Foord
Main Page: Richard Foord (Liberal Democrat - Honiton and Sidmouth)Department Debates - View all Richard Foord's debates with the Ministry of Defence
(3 days, 15 hours ago)
Commons ChamberUnder the previous arrangement between the Ministry of Defence and Annington, £100 million was released for accommodation upgrades in the first seven years of that arrangement. What due diligence was carried out ahead of the sale? What additional investment will be made in the married quarters that the Government have brought back into the MOD’s ownership?
This is one of the best deals that defence has done in a long time. It has bought back 36,000 homes, saving the taxpayer £600,000 a day or £230 million over a year. We are in discussions with the Treasury now about where that money goes and how it will be used in the future, but I assure the hon. Member that the rebuild plan will be within the defence housing strategy as part of the SDR.