Cancelling debt not unrealistic after all

Today the whip of unprecedented events has forced the government to do things which it would never have considered a few weeks ago. One of those was their decision to cancel £13.4 billion NHS debt. This sets a precedent. If it can be done for the NHS why not for the HRA? The HRA debt held by the Public Works Loans Board is around £26 billion. There’s not a great gulf between the two figures when you consider the scale of government intervention in the current crisis.

If you have access to Inside Housing you can read this article here

If not you can read it here

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