Clause 313 - Transactions funded with the assistance of a public subsidy

Part of Finance (No. 2) Bill – in a Public Bill Committee am 11:30 am ar 18 Mai 2023.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Victoria Atkins Victoria Atkins The Financial Secretary to the Treasury 11:30, 18 Mai 2023

I am very happy to. The scheme is certainly not restricted to Ukrainian and Afghan refugees. It is designed to meet all local authority social housing needs. It is a measure to help alleviate overall social housing pressures on local authorities, precisely because we realise that the enormous generosity of the United Kingdom in helping Ukrainian and Afghan refugees has put increased pressures on local authorities when it comes to social housing. We want to ensure that this is sorted out for local authorities, as part of our humanitarian response to those crises—we are also long enough in the tooth to understand that there may be other humanitarian crises in the future.