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• Question by: Nicky Gavron
• Meeting date: 02 November 2017

Nicky Gavron AM: Thank you. Good morning, Peter and David. I want to ask a question about the convergence framework and the target that was set for it. To give a bit of context - and the first question is really addressed to Peter - you were there Peter when we were all thinking about the bid for the Olympics. The primary driver was to use it as a catalyst to regenerate inner east London where we had the biggest concentration of multiply deprived communities in the whole of Western Europe. We were haunted by the fact - and you...

• Question by: Nicky Gavron
• Meeting date: 13 March 2013

I want to follow up from Stephen Knight's questioning on the CPI. Perhaps I could ask Kate, because she did not get a chance to answer. Have I got it right that the CPI is going to mean that rents are now going to be tagged to the CPI, rather than to rent inflation? Further, as the CPI has always risen at a much lower rate than rents, the 30th percentile which the LHA is tagged to will drop to perhaps 20th or 10th percentile available? Have I got this right?