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29 Jul 19
Local authorities’ use of the Public Works Loan Board has rocketed in the last year, figures have shown.
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9 May 19
A London borough will save up to £143m after striking a deal to terminate its controversial LOBO loans early.
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1 Feb 19
Seven English local authorities have resorted to legal action over controversial LOBO loans.
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27 Nov 18
Shadow chancellor John McDonnell has called for an investigation into controversial LOBO loans held by many local authorities.
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9 Aug 18
Lancashire County Council has delayed signing off its accounts for the last financial year after auditors raised concerns over the treatment of a £50m LOBO loan.