(1 week, 2 days 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.
(1 month, 4 weeks ago)
Commons ChamberAbsolutely, and I congratulate Light Project on its work. Op Fortitude has also referred over 2,000 veterans, and has already put 800 into housing.
The Secretary of State said a moment ago that the UK is working on a potential UK-EU security agreement. Might that include involvement in the European Peace Facility, which procures ammunition jointly?