PARLIAMENTARY WRITTEN QUESTION
Public Works Loan Board (11 July 2023)
Question Asked
To ask the Chancellor of the Exchequer, what recent estimate he has made of what the Public Works Loan Board (a) principal and (b) debt repayments for local authorities will be in the 2023-24 financial year.
Asked by:
Stephen Flynn (Scottish National Party)
Asked by:
Stephen Flynn (Scottish National Party)
Answer
The Office for Budget Responsibility publishes the official forecast for local authority borrowing and spending in their Economic and Fiscal Outlook, including future spending on principal and debt interest. The latest estimate in the March 2023 forecast is published here: https://obr.uk/efo/economic-and-fiscal-outlook-march-2023/.
Answered by:
Andrew Griffith (Conservative)
18 July 2023
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