Oral Question·Foreign, Commonwealth and Development Office
“If she will make a statement on her departmental responsibilities.”
Tabled: 24 November 2021Answered: 30 November 2021
Asked by
Kate Osborne
Labour — Jarrow and Gateshead East
Answering Minister
the Secretary of State for Foreign, Commonwealth and Development Affairs
Answer from Hansard
The Minister for Housing and Planning (Matthew Pennycook)
The Government recognise the strain placed on housing revenue accounts as a result of changes in rent policy, inflationary pressures and increased costs associated with investing in existing stock. The principle of self-financing remains the right one, but we are committed to working with councils to overcome the pressures on their HRAs so that they can invest in new and existing stock.