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Council house profits may go to needy areas

Language: English Series: Times ; 4/4/88, p1Publication details: 1988Subject(s): Summary: The SoS Environment proposes to take powers over the £9 billion local authorities have in capital receipts after the sale of council houses and other assets, and to divert funds from affluent authorities to areas of greater housing need.

The SoS Environment proposes to take powers over the £9 billion local authorities have in capital receipts after the sale of council houses and other assets, and to divert funds from affluent authorities to areas of greater housing need.