Written Question·Ministry of Housing, Communities and Local Government·UIN 102663

Local Government: Private Finance Initiative

Tabled: 2 January 2026
Answered: 15 January 2026

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Secretary of State for Housing, Communities and Local Government, what recent assessment he has made of the financial sustainability of local authorities with significant Private Finance Initiative liabilities.

Answer

Alison McGovern
Local authorities are responsible for their own capital strategies and financial management, including borrowing and investment decisions. They must, however, comply with statutory duties and guidance to ensure that all decisions are prudent, affordable a...
ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 102663) →