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27 Apr 21
London Borough of Newham has been granted permission to appeal a High Court decision which rejected its claim against Barclays Bank over historic Lender Option Borrower Option loans.
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25 Feb 21
A High Court judge has thrown-out a legal challenge tabled by eight local authorities against lender Barclays Bank over historic Lender Option Borrower Option loans.
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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.
27 Apr 21London Borough of Newham has been granted permission to appeal a High Court decision which rejected its claim against Barclays Bank over historic Lender Option Borrower Option loans.
29 Jul 19Local authorities’ use of the Public Works Loan Board has rocketed in the last year, figures have shown.
9 May 19A London borough will save up to £143m after striking a deal to terminate its controversial LOBO loans early.
1 Feb 19Seven English local authorities have resorted to legal action over controversial LOBO loans.
27 Nov 18Shadow chancellor John McDonnell has called for an investigation into controversial LOBO loans held by many local authorities.
9 Aug 18Lancashire 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.
