The Department primarily allocates revenue funding for schools at local authority level. Individual schools\u2019 allocations are determined according to the local formula set by the local authority, in consultation with schools. It remains our intention that every school\u2019s budget should be set on the basis of a single, national formula, but we believe a period of transition will provide greater stability for schools.<\/p>
<\/p>
Revenue funding for schools allocated by the Department to Leicester, Leicestershire, and England in each year since 2013-14 is shown in the table below:<\/p>
£m<\/strong><\/p><\/td> 2013-14<\/strong><\/p><\/td> 2014-15<\/strong><\/p><\/td> 2015-16<\/strong><\/p><\/td> 2016-17<\/strong><\/p><\/td> 2017-18<\/strong><\/p><\/td> 2018-19<\/strong><\/p><\/td><\/tr> Leicester<\/strong><\/p><\/td><\/tr> Schools block<\/p><\/td> 200.54<\/p><\/td> 205.61<\/p><\/td> 211.37<\/p><\/td> 226.70<\/p><\/td> 230.84<\/p><\/td> 240.64<\/p><\/td><\/tr> High Needs block<\/p><\/td> 38.41<\/p><\/td> 40.21<\/p><\/td> 40.48<\/p><\/td> 41.10<\/p><\/td> 48.01<\/p><\/td> 48.57<\/p><\/td><\/tr> CSSB1<\/sup><\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> 1.87<\/p><\/td><\/tr> Leicestershire<\/strong><\/p><\/td><\/tr> Schools block<\/p><\/td> 338.09<\/p><\/td> 339.66<\/p><\/td> 362.79<\/p><\/td> 368.92<\/p><\/td> 368.28<\/p><\/td> 380.14<\/p><\/td><\/tr> High Needs block<\/p><\/td> 49.56<\/p><\/td> 52.34<\/p><\/td> 52.84<\/p><\/td> 53.87<\/p><\/td> 63.16<\/p><\/td> 65.98<\/p><\/td><\/tr> CSSB1<\/sup><\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> 3.28<\/p><\/td><\/tr> England<\/strong><\/p><\/td><\/tr> Schools block<\/p><\/td> 30,411.73<\/p><\/td> 30,655.12<\/p><\/td> 31,365.51<\/p><\/td> 32,650.31<\/p><\/td> 33,093.60<\/p><\/td> 33,683.97<\/p><\/td><\/tr> High Needs block<\/p><\/td> 4,966.89<\/p><\/td> 5,183.87<\/p><\/td> 5,246.54<\/p><\/td> 5,299.87<\/p><\/td> 5,826.84<\/p><\/td> 5,986.95<\/p><\/td><\/tr> CSSB1<\/sup><\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> n/a<\/p><\/td> 468.61<\/p><\/td><\/tr><\/tbody><\/table> <\/p> Note that, in 2017-18, the balance between the Schools Block and High Needs block for every local authority was re-balanced, to reflect previous years\u2019 decisions on the local distribution of spending between schools, high needs and early years. In the case of Leicestershire, total funding increased in that year from £422.79m in 2016-17 to £431.44m in 2017-18.<\/p> <\/p> <\/p> Prior to 2013-14, the Department did not break the dedicated schools grant (DSG) into specific blocks. Total DSG allocations for the years 2010-11, 2011-12 and 2012-13 are shown below, but these figures are not comparable to those above because they cover schools, high needs and early years funding.<\/p> <\/p> DSG £m<\/strong><\/p><\/td> 2010/11<\/strong><\/p><\/td> 2011/12<\/strong><\/p><\/td> 2012/13<\/strong><\/p><\/td><\/tr> Leicester<\/strong><\/p><\/td> 204.16<\/p><\/td> 244.96<\/p><\/td> 247.64<\/p><\/td><\/tr> Leicestershire<\/strong><\/p><\/td> 349.43<\/p><\/td> 400.93<\/p><\/td> 402.13<\/p><\/td><\/tr> England<\/strong><\/p><\/td> 31,195.45<\/p><\/td> 36,543.96<\/p><\/td> 36,855.00<\/p><\/td><\/tr><\/tbody><\/table> <\/p> Funding for 2019-20 will be determined later this year, on the basis of the October 2018 census. The Department published notional allocations, based on 2017-18 pupil numbers and characteristics, alongside the outcome to the national funding formula consultation in September 2017. However, these figures were published to help to explain the impact of the introduction of the national funding formula; they are not comparable with the figures in the tables above as they do not take account of the actual pupil numbers used to calculate schools block allocations for 2018-19.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/111", "label" : {"_value" : "Biography information for Nick Gibb"}
}
, "answeringMemberConstituency" : {"_value" : "Bognor Regis and Littlehampton"}
, "answeringMemberPrinted" : {"_value" : "Nick Gibb"}
, "dateOfAnswer" : {"_value" : "2018-05-10", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/891370/answer/previousversion/55089", "answeringMember" : {"_about" : "http://data.parliament.uk/members/111", "label" : {"_value" : "Biography information for Nick Gibb"}
}
, "answeringMemberConstituency" : {"_value" : "Bognor Regis and Littlehampton"}
, "answeringMemberPrinted" : {"_value" : "Nick Gibb"}
}
, "questionFirstAnswered" : [{"_value" : "2018-05-10T16:30:42.317Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "60"}
, "answeringDeptShortName" : {"_value" : "Education"}
, "answeringDeptSortName" : {"_value" : "Education"}
, "date" : {"_value" : "2018-04-25", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Schools: Finance"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Education, how much funding his Department allocated to schools in (a) Harborough constituency (b) Leicestershire (c) Leicester and (d) England in each financial year since 2010-11; and what estimate he has made of the funding that will be allocated to those areas under the National Funding Formula for (i) 2018-19 and (ii) 2019-20.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4679", "label" : {"_value" : "Biography information for Neil O'Brien"}
}
, "tablingMemberConstituency" : {"_value" : "Harborough"}
, "tablingMemberPrinted" : [{"_value" : "Neil O'Brien"}
], "uin" : "138114"}
, {"_about" : "http://data.parliament.uk/resources/844028", "AnsweringBody" : [{"_value" : "Department for Environment, Food and Rural Affairs"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/844028/answer", "answerText" : {"_value" : " The Government is committed to tackling fly-tipping. The maximum penalty on prosecution for fly-tipping is imprisonment of up to five years or a potentially unlimited fine. Defra has worked with the Sentencing Council to strengthen guidelines for environmental offences in 2014. I am raising this with colleagues at the Ministry of Justice and to also ensure sentencing levels act as an effective deterrent.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4098", "label" : {"_value" : "Biography information for Dr Thérèse Coffey"}
}
, "answeringMemberConstituency" : {"_value" : "Suffolk Coastal"}
, "answeringMemberPrinted" : {"_value" : "Dr Thérèse Coffey"}
, "dateOfAnswer" : {"_value" : "2018-02-22", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2018-02-22T15:32:43.32Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "13"}
, "answeringDeptShortName" : {"_value" : "Environment, Food and Rural Affairs"}
, "answeringDeptSortName" : {"_value" : "Environment, Food and Rural Affairs"}
, "date" : {"_value" : "2018-02-19", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Fly-tipping: Sentencing"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment he has made of the effectiveness of sentences in deterring fly-tipping; and when the penalties for fly-tipping will next be reviewed.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4679", "label" : {"_value" : "Biography information for Neil O'Brien"}
}
, "tablingMemberConstituency" : {"_value" : "Harborough"}
, "tablingMemberPrinted" : [{"_value" : "Neil O'Brien"}
], "uin" : "128383"}
, {"_about" : "http://data.parliament.uk/resources/839077", "AnsweringBody" : [{"_value" : "HM Treasury"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/839077/answer", "answerText" : {"_value" : " The amount of money accrued to the public purse from Capital Gains Tax paid on residential property in each year since 2000 is not readily available.<\/p> <\/p> Tax data from residential property gains is not readily available because, historically, it has not been collected separately as part of Self Assessment returns. It could be provided only at disproportionate cost using significant analytical resource to compute estimates. However, from 2016/17 the Capital Gains Tax Self Assessment return includes a separate section that will collect information on tax payable on residential property gains.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3935", "label" : {"_value" : "Biography information for Mel Stride"}
}
, "answeringMemberConstituency" : {"_value" : "Central Devon"}
, "answeringMemberPrinted" : {"_value" : "Mel Stride"}
, "dateOfAnswer" : {"_value" : "2018-02-20", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2018-02-20T15:50:00.527Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "14"}
, "answeringDeptShortName" : {"_value" : "Treasury"}
, "answeringDeptSortName" : {"_value" : "CaTreasury"}
, "date" : {"_value" : "2018-02-08", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Housing: Capital Gains Tax"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask Mr Chancellor of the Exchequer, how much money was accrued to the public purse from Capital Gains Tax paid on residential property in each year since 2000.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4679", "label" : {"_value" : "Biography information for Neil O'Brien"}
}
, "tablingMemberConstituency" : {"_value" : "Harborough"}
, "tablingMemberPrinted" : [{"_value" : "Neil O'Brien"}
], "uin" : "127636"}
, {"_about" : "http://data.parliament.uk/resources/828760", "AnsweringBody" : [{"_value" : "Foreign and Commonwealth Office"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/828760/answer", "answerText" : {"_value" : " The UK is monitoring the situation in the Anglophone regions of Cameroon closely. Our High Commission in Yaoundé continues to meet opposition groups, human rights defenders and the Cameroonian authorities to establish an accurate account, including over allegations of rape. Our High Commissioner in Yaoundé raised our concerns about the situation in the Anglophone regions with President Biya on 19 December. In this and several recent meetings with Prime Minister Philémon Yang and Cameroonian Ministers he called on the Cameroonian Government to adhere to Cameroon\u2019s obligations under international law in respect of human rights. The British Government condemns sexual violence in conflict and is working with foreign governments, the United Nations, the African Union and international organisations to end it.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4107", "label" : {"_value" : "Biography information for Dame Harriett Baldwin"}
}
, "answeringMemberConstituency" : {"_value" : "West Worcestershire"}
, "answeringMemberPrinted" : {"_value" : "Harriett Baldwin"}
, "dateOfAnswer" : {"_value" : "2018-01-31", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2018-01-31T13:11:06.527Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "16"}
, "answeringDeptShortName" : {"_value" : "Foreign and Commonwealth Office"}
, "answeringDeptSortName" : {"_value" : "Foreign and Commonwealth Office"}
, "date" : {"_value" : "2018-01-23", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Cameroon: Human Rights"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Foreign and Commonwealth Affairs, what support the Government is providing to tackle human rights abuses and violence in Cameroon, and in particular South Cameroon.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4679", "label" : {"_value" : "Biography information for Neil O'Brien"}
}
, "tablingMemberConstituency" : {"_value" : "Harborough"}
, "tablingMemberPrinted" : [{"_value" : "Neil O'Brien"}
], "uin" : "124399"}
, {"_about" : "http://data.parliament.uk/resources/809699", "AnsweringBody" : [{"_value" : "Department for Education"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/809699/answer", "answerText" : {"_value" : " We have announced details of the final National Funding Formula for schools, which will be implemented from 2018-19. Under the new formula, schools in Harborough constituency will receive £66.3 million in 2018-19; they would receive £68.0 million in 2019-20 if there were no changes in pupil numbers or characteristics. This is an increase of 3.2% in 2018-19 and 5.8% in 2019-20, compared to their 2017-18 baseline. Schools in England will receive £33.2 billion in 2018-19 and would receive £33.6 billion in 2019-20, on the assumption of no changes in pupil numbers or characteristics. Budgets after 2019-20 will be determined in a future spending review.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/111", "label" : {"_value" : "Biography information for Nick Gibb"}
}
, "answeringMemberConstituency" : {"_value" : "Bognor Regis and Littlehampton"}
, "answeringMemberPrinted" : {"_value" : "Nick Gibb"}
, "dateOfAnswer" : {"_value" : "2017-12-22", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2017-12-22T18:03:54.467Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "60"}
, "answeringDeptShortName" : {"_value" : "Education"}
, "answeringDeptSortName" : {"_value" : "Education"}
, "date" : {"_value" : "2017-12-19", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Schools: Finance"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Education, how much funding has been allocated to secondary and primary schools in (a) Harborough constituency and (b) England as a result of the national funding formula in each year since the formula's implementation.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4679", "label" : {"_value" : "Biography information for Neil O'Brien"}
}
, "tablingMemberConstituency" : {"_value" : "Harborough"}
, "tablingMemberPrinted" : [{"_value" : "Neil O'Brien"}
], "uin" : "120319"}
, {"_about" : "http://data.parliament.uk/resources/809701", "AnsweringBody" : [{"_value" : "Department for Education"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/809701/answer", "answerText" : {"_value" : " The 2017-18 baseline funding is £3,983 per pupil in the Harborough constituency, and £4,497 per pupil in England as a whole. Under the National Funding Formula, per pupil funding would rise to £4,215 in Harborough by 2019-20 (an increase of 5.8%), and to £4,635 in England by 2019-20 (an increase of 3.1%). These amounts are based on existing pupil data, which will be subject to change as the pupil population changes. Local areas will continue to set local formulae to allocate money to their schools in 2018-19 and 2019-20, so individual school budgets may differ from the notional amounts published in September.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/111", "label" : {"_value" : "Biography information for Nick Gibb"}
}
, "answeringMemberConstituency" : {"_value" : "Bognor Regis and Littlehampton"}
, "answeringMemberPrinted" : {"_value" : "Nick Gibb"}
, "dateOfAnswer" : {"_value" : "2017-12-22", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2017-12-22T18:08:44.96Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "60"}
, "answeringDeptShortName" : {"_value" : "Education"}
, "answeringDeptSortName" : {"_value" : "Education"}
, "date" : {"_value" : "2017-12-19", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Schools: Finance"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Education, what the 2017-18 baseline is for school funding for secondary and primary schools in (a) Harborough constituency and (b) England; and what estimate he has made of that baseline for 2019-20 as a result of the National Funding Formula.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4679", "label" : {"_value" : "Biography information for Neil O'Brien"}
}
, "tablingMemberConstituency" : {"_value" : "Harborough"}
, "tablingMemberPrinted" : [{"_value" : "Neil O'Brien"}
], "uin" : "120321"}
, {"_about" : "http://data.parliament.uk/resources/809708", "AnsweringBody" : [{"_value" : "Department for Transport"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/809708/answer", "answerText" : {"_value" : " We are investing over £1 billion in the biggest upgrade to the Midland Main Line since it was completed in 1870. It will deliver improved long distance passenger services between Sheffield, Nottingham and London, as well as a new dedicated service between Corby, Kettering and London. There will be more seats and faster intercity journeys during the peak.<\/p> <\/p> Upgrades to improve capacity and line speed include:<\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/3926", "label" : {"_value" : "Biography information for Paul Maynard"}
}
, "answeringMemberConstituency" : {"_value" : "Blackpool North and Cleveleys"}
, "answeringMemberPrinted" : {"_value" : "Paul Maynard"}
, "dateOfAnswer" : {"_value" : "2017-12-21", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2017-12-21T11:48:41.277Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "27"}
, "answeringDeptShortName" : {"_value" : "Transport"}
, "answeringDeptSortName" : {"_value" : "Transport"}
, "date" : {"_value" : "2017-12-19", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Midland Main Line"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Transport, how much funding has been allocated from the public purse for planned upgrades to the Midland Main Line; and what the planned upgrades are which will be undertaken to improve capacity and speed on that line.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4679", "label" : {"_value" : "Biography information for Neil O'Brien"}
}
, "tablingMemberConstituency" : {"_value" : "Harborough"}
, "tablingMemberPrinted" : [{"_value" : "Neil O'Brien"}
], "uin" : "120328"}
, {"_about" : "http://data.parliament.uk/resources/800945", "AnsweringBody" : [{"_value" : "Department for Communities and Local Government"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/800945/answer", "answerText" : {"_value" : " We believe that Shared Ownership has an important role to play as part of a diverse and thriving housing market and since 2010 around 54,000 new Shared Ownership homes have been delivered.<\/p> We continue to work with the sector and lenders to ensure that Shared Ownership continues to be attractive to investment and have made a number of changes to support this, including expanding the Affordable Homes Programme from £7 billion to over £9 billion, standardising eligibility for buyers and extending funding for development to private providers.<\/p> <\/p> <\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4014", "label" : {"_value" : "Biography information for Sir Alok Sharma"}
}
, "answeringMemberConstituency" : {"_value" : "Reading West"}
, "answeringMemberPrinted" : {"_value" : "Alok Sharma"}
, "dateOfAnswer" : {"_value" : "2017-12-14", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2017-12-14T17:04:57.227Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "7"}
, "answeringDeptShortName" : {"_value" : "Communities and Local Government"}
, "answeringDeptSortName" : {"_value" : "Communities and Local Government"}
, "date" : {"_value" : "2017-12-05", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Shared Ownership Schemes"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Communities and Local Government, what steps he is taking to ensure that there is adequate private investment in shared ownership accommodation.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/4679", "label" : {"_value" : "Biography information for Neil O'Brien"}
}
, "tablingMemberConstituency" : {"_value" : "Harborough"}
, "tablingMemberPrinted" : [{"_value" : "Neil O'Brien"}
], "uin" : "117504"}
, {"_about" : "http://data.parliament.uk/resources/800947", "AnsweringBody" : [{"_value" : "Department for Communities and Local Government"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/800947/answer", "answerText" : {"_value" : " Under the Investment Regulations 2016, administering authorities in the Local Government Pension Scheme are no longer constrained by central prescription on how their assets are invested provided investments are in the best interests of scheme members. They now have much greater freedom to invest, subject to local democratic control and appropriate safeguards, and significant investment in new housing has already been made.<\/p> Our Housing White Paper encourages further investment more widely in housing, including shared ownership, through creating a stable financial environment in which to invest.<\/p> As a result, pension schemes are increasingly regarding housing as an appropriate investment. The pooling of local government pension funds will increase opportunities for their assets to be used to support infrastructure projects, including housing. This could generate promising returns for scheme members while maintaining value for money for national and local taxpayers.<\/p>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4014", "label" : {"_value" : "Biography information for Sir Alok Sharma"}
}
, "answeringMemberConstituency" : {"_value" : "Reading West"}
, "answeringMemberPrinted" : {"_value" : "Alok Sharma"}
, "dateOfAnswer" : {"_value" : "2017-12-18", "_datatype" : "dateTime"}
, "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2017-12-18T11:53:55.957Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "7"}
, "answeringDeptShortName" : {"_value" : "Communities and Local Government"}
, "answeringDeptSortName" : {"_value" : "Communities and Local Government"}
, "date" : {"_value" : "2017-12-05", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Local Government: Pension Funds"}
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, "date" : {"_value" : "2017-10-17", "_datatype" : "dateTime"}
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], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps the Government is taking to tackle incidents of late payments to small and medium-sized enterprises by larger businesses.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
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