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Local authorities can spend on projects

Language: English Series: Financial Times ; 15 May 1997, 10 | Times ; 15 May 1997, 11(2)Publication details: 1997Subject(s): Summary: Local authorities are to be allowed to spend up to £5bn in accumulated capital receipts on new housing projects under a bill designed to renovate decaying homes and tackle homelessness.

Local authorities are to be allowed to spend up to £5bn in accumulated capital receipts on new housing projects under a bill designed to renovate decaying homes and tackle homelessness.