FINANCE

Report backs council bond issues

Councils making forays into municipal bond market to drive economic growth backed by leading think tank's report.

By Dominic Browne | 06 December 2011

Councils making initial forays into the municipal bond market have been backed by a local government think tank report.

A report released today by the New Local Government Network (NLGN) says a new market in bond issues could be the cheapest way to plug Whitehall funding cuts of 22% for local infrastructure.

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Popular articles by Dominic Browne

  1. LGA launches attack on DfT over traffic fine surplus plans
  2. Budget 2023: Hunt confirms £200m for 'potholes curse'
  3. Budget 2021: Highways face funding cut in Budget
  4. £10bn bill to repair local roads
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