Written Question·Treasury·UIN 12956

Public Works Loan Board: Interest Rates

Tabled: 6 November 2024
Answered: 18 November 2024

Question

James Cartlidge

Conservative — South Suffolk

To ask the Chancellor of the Exchequer, whether she plans to review Public Works Loan Board rates offered to councils.

Answer

Darren Jones
The PWLB lending facility exists to provide cost effective loans to local authorities to support investments and service delivery. HMT keeps all PWLB rates under review, including the discounted rate for investment in social housing which we extended in A...
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