(6 years, 1 month ago)
Commons ChamberWith permission, Mr Speaker, I would like to answer Question 9 with Question 17.
We are undertaking a review of local authorities’ relative resource and needs. We are making good progress in collaboration with the sector and are considering many topics that hon. Members have raised as we look to introduce a simple, accurate and transparent new funding formula.
I was delighted to meet recently my hon. Friend and those in his local authority. It was inspiring to hear their ambitious plans to grow the local economy, and I commend them for their vision. I would urge them to look at the recently announced high streets fund, which can help them to ensure that their town remains a vibrant and prosperous community.
As part of the review, will my hon. Friend ensure that councils such as Erewash have the funding necessary to properly support residents affected by High Speed 2 and mitigate the impact that this line will have on our towns?
My hon. Friend is right to raise that. The review relates to the distribution of funding for core services that are funded through the local government finance settlement, but the Government have introduced a number of statutory and non-statutory compensation schemes along the HS2 route, including in my hon. Friend’s constituency, which are designed to compensate those whose properties are affected.
(6 years, 6 months ago)
Commons ChamberIt is important that each local council makes those decisions itself. It was the responsibility of the statutory officer to decide on the appropriate level of reserves. I am pleased to see that, in the hon. Gentleman’s own local authority, non-ring-fenced reserves are up 30% in the past six years. I am sure that his council will use those reserves prudently as required.
Will my right hon. Friend update the House on what progress has been made to select sites for HS2 garden villages in the east midlands, especially around the Toton hub?