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Parliamentary debates and questions

S5W-02335: Alex Rowley (Mid Scotland and Fife)

Scottish Labour

Date lodged: 7 September 2016

To ask the Scottish Government what discussions it has had with the Wheatley Group since the UK voted to leave the EU regarding its credit downgrade by Standard & Poor's on 6 July 2016.

Answered by: Kevin Stewart 20 September 2016

I attended a meeting with the Wheatley Housing Group (WHG) on 13 July 2016. At this meeting, the Chief Executive of WHG emphasised that, despite recent changes, the WHG still has a strong credit rating and had enough liquidity to borrow significant sums in future.