Written Question·Treasury·UIN 3320
Public Works Loan Board
Tabled: 30 August 2024
Answered: 9 September 2024
Question
Shaun Davies
Labour — Telford
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact of reducing the onward interest charge of the Public Works Loan Board to local councils on (a) housing growth, (b) economic growth, (c) job creation and (d) loc
Answer
Darren JonesThe PWLB lending facility exists to provide cost effective loans to local authorities to support investment and service delivery. HM Treasury keeps the interest rates of PWLB loans under review to ensure that PWLB lending remains supportive of prudent inv...
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