The Housing Revenue Account Subsidy Scheme

Part of 1. Questions to the First Minister – in the Senedd at 2:16 pm on 16 October 2018.

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Photo of Carwyn Jones Carwyn Jones Labour 2:16, 16 October 2018

That's correct. At the moment the borrowing cap is £1,927 million. I saw the Prime Minister's announcement. Officials have been in touch with representatives in the UK Government to see how that will work, and I think it's fair to say that no-one seems to know at the moment. The announcement was made. There doesn't seem to be any detail. But I can assure the Member that what applies in England in terms of flexibility, we would expect to apply in Wales.