I gather from the Minister that the capacity to expand borrowing would not be there, so this would just be a different way of raising money, but it would be a way of involving the local community far more. As I understand it, the Bill is aimed at building local communities and pushing power to the people. I accept that this is not without qualms. There are questions to be asked—noble Lords have raised them—but I was delighted with the support for the general direction of travel, which is after all in line with our wish to devolve more power to the community and to build those communities. I hope that there may be scope for the Minister to spend some time working with me and others who support the general drift of this amendment to try to come up with something that we might bring back at a later stage.
Cities and Local Government Devolution Bill [HL]
Proceeding contribution from
Baroness Wheatcroft
(Conservative)
in the House of Lords on Wednesday, 24 June 2015.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Cities and Local Government Devolution Bill [HL].
Type
Proceeding contribution
Reference
762 c1635 
Session
2015-16
Chamber / Committee
House of Lords chamber
Librarians' tools
Timestamp
2017-01-18 16:27:32 +0000
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