Capital Projects: Spending Decisions
Debate between Lee Rowley and Rachel Hopkins(1 year, 2 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Rachel Hopkins (Luton South) (Lab)
Local councils, now and in the days and weeks ahead, will be going through their budget-making processes. The news that they may not be able to draw down on capital funding, whether it has already been agreed or is to be agreed, will put some of those budget-making processes at risk or add additional layers. I ask the Minister again: does his Department have the authority to release funds for current projects or authorise funds for future projects, or is the report in the Financial Times true—yes or no?
Lee Rowley
I explained the change at the outset: there is no change to the budgets that we have provided and there is no change to the local government finance settlement, which was announced yesterday.