Friday, 11 June 2010

Shapps: the Coffers Are Empty

Grant Shapps has claimed money for affordable housing has run out and a ‘myriad’ of schemes will face the axe. Mr Shapps said that the previous government had known ‘the money was all gone, but it wasn’t stopping them spending - particularly not in this department’. He alleged £780 million of funding allocated by Labour as part of its £1.5 billion housing pledge had never been transferred from departments such as health and education as promised. ‘There are about £1 billion of housing and local-government related projects which, for one reason or another, are projects which we are questioning,’ he added. He also hinted that quangos in the housing sector were living on borrowed time. Shadow housing minister John Healey said Mr Shapps’ accusations were ‘pure and simple spin’. ‘These were agreements made with the Treasury and the new ministers should be straight and open with people about the different decisions they are now taking.’ Read more on Inside Housing.

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