Written Question·Treasury·UIN 60750
Public Works Loan Board
Tabled: 17 June 2025
Answered: 25 June 2025
Question
Callum Anderson
Labour — Buckingham and Bletchley
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of increasing the Public Works Loan Board lending cap on local authority investment strategies.
Answer
Darren JonesThe government increased the aggregate limit for Public Works Loan Board (PWLB) lending to £135 billion in November 2024. The increase in the limit has ensured that local authorities (LA) can continue to access loans to support their investment strategies...
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