Single regeneration budget
§ Let me turn to unemployment, although I am sure that your Lordships will be fully aware of the tragedy and the way in which it affects people throughout the country as well as those in inner city areas, For example, since 1988 over 500,000 jobs have been lost in London. Here I must declare an interest for I am associated with the Refugee Council and we are greatly concerned with, and I hope that we have a reasonable knowledge about, the situation affecting asylum-seekers and refugees.
Finally, I want to spend most of my time stating what I believe to be the defects of the single regeneration budget.
In talking about the problems of inner cities I do not intend to go through all the difficulties—it would take far too long.
But it is right that I should at least mention the main problems; it is those problems which government policy ought to address and it is those problems which ought to be alleviated by the single regeneration budget.
§ The first problem to which I wish to refer is poverty.
I referred earlier to the virtual cessation of house-building by local authorities.