Spring Statement Debate

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Department: HM Treasury

Spring Statement

Sarah Jones Excerpts
Wednesday 13th March 2019

(5 years, 2 months ago)

Commons Chamber
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Lord Hammond of Runnymede Portrait Mr Hammond
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There is nothing ideological about getting a deficit down from £150 billion a year to enable us to fund our public services sustainably in future.

Sarah Jones Portrait Sarah Jones (Croydon Central) (Lab)
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Will the Chancellor confirm that the new £3 billion affordable homes scheme he announced is a re-announcement from 2017? Will he also confirm that £20 billion has been cut from the social housing grant since 2010, and that 30,000 fewer social homes are being built each year than were built under the last Labour Government?

Lord Hammond of Runnymede Portrait Mr Hammond
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No, that is not correct. The £3 billion is part of the £44 billion total package for housing that we have announced. I announced an overall framework, and in a series of announcements will say how we will spend that money.