Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Richard Fuller Excerpts
Tuesday 16th June 2015

(9 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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What we are fighting for is Britain to be part of a reformed European Union. Now that we have finally persuaded the Labour party to come to its senses and support the referendum, we can get on with the business of negotiating a good deal for this country.

Richard Fuller Portrait Richard Fuller (Bedford) (Con)
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May we have a Treasury review into how effectively the balance sheets of housing associations are meeting the challenge of building new housing, looking in particular at their average cost of capital, the amount of leverage and whether a change in accounting policy would help to meet the housing challenge?

George Osborne Portrait Mr Osborne
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I congratulate my hon. Friend on his re-election; I enjoyed visiting him in Bedford just before the election. He raises an interesting point about how efficient housing associations are in increasing the housing supply, which is what we want them to do, and we are certainly looking at that at the moment.