Local authority borrowing: a re-think

By Neil Waller and Andrew Scopes | 12 February 2020

At the beginning of October, the Public Works Loan Board increased the rate at which authorities could borrow by 1%, causing many to consider alternative sources of private financing.

Housing associations and universities have been very active in raising private finance for some time, but councils have not. There is no reason in principle why they shouldn’t.

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