Local authority capital funding arrangements
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Public Works Loan Board Around two-thirds of all local authority borrowing is from the Public Works Loan Board (PWLB). In 2021, the amount of PWLB debt stood at around £91bn. The PWLB is a statutory body that lends to local authorities from the National Loans Fund. HM Treasury sets interest rates for PWLB...Explore the subscription options here to get full access to isurv, including downloads.
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