Written Question·Treasury·UIN 9271

Local Government: Borrowing

Tabled: 15 October 2024
Answered: 23 October 2024

Question

Dr Roz Savage

Liberal DemocratSouth Cotswolds

To ask the Chancellor of the Exchequer, if she will increase the discounted Public Works Loan Board rate to local councils for investment in social housing.

Answer

Darren Jones
The Public Works Loan Board (PWLB) lending facility exists to provide cost effective loans to local authorities to support investment and service delivery. HM Treasury keeps all PWLB rates under review, including the discounted rate for investment in soci...

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