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23.
Mr. Torney
asked the Secretary of State for the Environment what is his estimate of the likely capital receipts of housing authorities over the next two years; and if he will make a statement.
Mr. Ridley
Our estimate of local authorities' housing receipts in 1987–88, as set out in the public expenditure White Paper, is £1·58 billion. Receipts are expected to continue at broadly this level in 1988·89.