The Municipal Bonds Agency – aimed at providing cheap borrowing to local authorities – faces doubts over its future after racking up pre-tax losses of £650,000 last year.
The UK Municipal Bond Agency has confirmed that it hopes to launch at least one bond on behalf of a pool of local authorities in September or October, more than a year after the first authorities...
The UK Municipal Bonds Agency has withdrawn a planned bond issuance with Warrington Borough Council after chancellor Rishi Sunak changed the terms of borrowing from the Public Works Loan Board.
The coronavirus pandemic has led to local authorities exploring different paths for borrowing, says Merrick Cockell, chair of the UK Municipal Bonds Agency.
Councils should look into the Municipal Bonds Agency for their borrowing, and the increasing number of authorities doing so shows it has an important role to play, argues law firm Browne Jacobson's...