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Councils should not be required to dispose of land—indeed, there are strong arguments in favour of their developing land banks. Councils are, however, in the front line and there are differences in policy and practice where that is appropriate.
According to a 1999 Fraser of Allander Institute report, it is twice as important as computer-related manufacturing, a third bigger than oil and gas and 12 per cent bigger than banking and finance.We understand the industry's economic significance.
The Ugandan delegates told us about how they had only just introduced free education for primary school kids and the Botswana delegates told us about how they have had to introduce micro-credit schemes as commercial banks refuse to operate for the ordinary people in their country.
When several local authorities are taking forward individual schools projects to the markets and to the banks, they are not likely to get a good financial deal.
Minister, I am sure that you will agree with me— Do not bank on it. You are doing so more and more often, I have noticed.I am delighted with two things in this report.
For instance, a European directive may need to be introduced throughout the United Kingdom on an agreed date so that the system here replicates that in England.
Mike Palmer will answer that question in detail, but the short answer is that the plans will be ready by the due date. We are confident that the plans will be delivered by the due date.