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GOVERNMENT TO REJECT GLASGOW'S HOUSING DEBT PLEA

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Scottish housing minister Raymond Robertson is expected today to turn down a plea from Glasgow City Council to writ...
Scottish housing minister Raymond Robertson is expected today to turn down a plea from Glasgow City Council to write off a £1.1bn housing debt, reports the Financial Times (p6).

The council says it faces the biggest housing crisis in Britain and that its tenants can no longer afford to service the debt.

But the FT says the government believes the transfer of the debt to the taxpayer is 'difficult to justify' in the financial climate.
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