Local authority borrowing
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17 Jun 21Bank of England protections are available to help protect local authorities lending to their peers, according to a senior advisor at the bank. -
1 Feb 21Richard Lloyd-Bithell, senior technical manager at CIPFA, runs through the new proposals for the Prudential Code in response to increased local authority investment in commercial property. -
1 Feb 21CIPFA has launched a consultation on proposed changes to the Prudential Code in order to strengthen provisions restricting borrowing for yield. -
19 Nov 20An Essex council says it has been forced to change its borrowing strategy because other councils are unwilling to lend to it after negative press coverage over its investments. -
13 Nov 20Ealing Council has approved plans to borrow more than £390m over 50 years to on-lend to its housing company to build more than 1,300 affordable homes over the next six years. -
14 Sep 20Local-authority-to-local-authority borrowing continues to rise, as short-term borrowing rates dropped to 0% last week, according to local government treasury advisors Arlingclose.
