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10 Mar 20
Local authorities dived back into Public Works Loan Board borrowing this week after the interest rate on some loans dropped below 2% following the coronavirus outbreak.
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10 Feb 20
The extra Treasury cash raised via the Public Work Loans Board 1% rate rise should be handed back to local government, council leaders have suggested.
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7 Feb 20
The maiden bond launched by the UK Municipal Bonds Agency is the first step in a sector-wide shift away from the Public Works Loan Board, local government finance figures have said.
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17 Jan 20
Lancashire County Council will become the first local authority to borrow from the UK Municipal Bonds Agency, five years after it was created.
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14 Jan 20
The Public Works Loan Board interest rate hike caused “dismay” among councils, according to Sarah Pickup deputy chief executive of the Local Government Association.
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8 Nov 19
Borrowing from the Public Works Loan Board has dropped by nearly three quarters since interest rates were hiked in early October.
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29 Oct 19
The Public Works Loan Board interest rate hike will not have a “significant impact” on council house building, the communities secretary has told MPs.
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10 Aug 18
In the last financial year the value of loans made by the Public Works Loan Board increased by 42%. The LGiU’s Jennifer Glover explains looks at why that might be.
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1 Aug 18
Local authority borrowing from the Public Works Loan Board has reached a seven-year high as cash-strapped councils increasingly invest in capital projects.
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4 May 18
Local authorities are struggling to repay loans as a result of a “pernicious” rule change by the Public Works Loan Board, a financial risk analysis website has said.
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15 Nov 16
The government has confirmed plans to abolish the 223-year-old Public Works Loan Board and transfer its functions for lending to local authorities to the Treasury.
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2 Oct 15
Local authorities braced for more spending cuts are thinking creatively about their funding needs
10 Mar 20Local authorities dived back into Public Works Loan Board borrowing this week after the interest rate on some loans dropped below 2% following the coronavirus outbreak.
10 Feb 20The extra Treasury cash raised via the Public Work Loans Board 1% rate rise should be handed back to local government, council leaders have suggested.
7 Feb 20The maiden bond launched by the UK Municipal Bonds Agency is the first step in a sector-wide shift away from the Public Works Loan Board, local government finance figures have said.
17 Jan 20Lancashire County Council will become the first local authority to borrow from the UK Municipal Bonds Agency, five years after it was created.
14 Jan 20The Public Works Loan Board interest rate hike caused “dismay” among councils, according to Sarah Pickup deputy chief executive of the Local Government Association.
10 Aug 18In the last financial year the value of loans made by the Public Works Loan Board increased by 42%. The LGiU’s Jennifer Glover explains looks at why that might be.
1 Aug 18Local authority borrowing from the Public Works Loan Board has reached a seven-year high as cash-strapped councils increasingly invest in capital projects.
15 Nov 16The government has confirmed plans to abolish the 223-year-old Public Works Loan Board and transfer its functions for lending to local authorities to the Treasury.
2 Oct 15Local authorities braced for more spending cuts are thinking creatively about their funding needs
