FINANCE

The rising trend of inter-authority lending

With a Treasury review of the Public Works Loan Board (PWLB) underway, Andrew Burns looks at some of the other ways in which local authorities can raise funds – including inter-authority lending.

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By Andrew Burns | 11 March 2020

A bit of history – borrowing over the past five years

Total local authority borrowing has risen from £89bn in 2013/14 to £115bn in 2018/19 (an increase of 30%).

Andrew Burns

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Andrew Burns

Popular articles by Andrew Burns

  1. COVID-19: Councils need more money to survive in the longer term
  2. Putting our finances on a secure footing
  3. Is this a sustainable first step away from austerity?
  4. Progress is being made
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