Written Question·Treasury·UIN 9271
Local Government: Borrowing
Tabled: 15 October 2024
Answered: 23 October 2024
Question
Dr Roz Savage
Liberal Democrat — South 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 JonesThe 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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