PARLIAMENTARY WRITTEN QUESTION
Public Works Loan Board (25 February 2019)

To ask the Chancellor of the Exchequer, how many loans were made by the Public Works Loan Board to local authorities; on what dates the loans were made; and what the (a) value and (b) purpose was of each loan.

Asked by:
Chris Philp (Conservative)

The UK Debt Management Office publishes on its website information on loans advanced by Public Works Loan Board on a monthly basis. This information is publicly available for all loans since 1 October 2010 and covers the amount advanced for each loan, the interest rate, the term and the repayment type of the loan. This information is available at https://www.dmo.gov.uk/responsibilities/local-authority-lending-pwlb/monthly-loans-report/.

Under the prudential regime, decisions on borrowing are devolved to local authorities who are democratically accountable to their electorates. Information about the purpose of Public Works Loan Board loans is not centrally held.

Answered by:
Elizabeth Truss (Conservative)
4 March 2019