Oral Question·Treasury
“What fiscal steps she is taking to support the community ownership of assets.”
Tabled: 4 March 2026Answered: 10 March 2026
Asked by
Preet Kaur Gill
Labour (Co-op) — Birmingham Edgbaston
Answering Minister
the Chancellor of the Exchequer
Answer from Hansard
The Chief Secretary to the Treasury (James Murray)
Through the English Devolution and Community Empowerment Bill, the Government are introducing a strong, new community right to buy. That will empower communities to take ownership of and protect local assets. Alongside those new powers, the Pride in Place programme will provide up to £5.8 billion over 10 years to support 284 neighbourhoods, enabling local people to choose to fund a range of activities, including developing or restoring important community assets.