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Written question asked by Stephen Flynn (Scottish National Party) on Tuesday, 11 July 2023, in the House of Commons. It was due for an answer on Thursday, 13 July 2023. It was answered by Andrew Griffith (Conservative) on Tuesday, 18 July 2023 on behalf of the Treasury.


Public Works Loan Board

Question

To ask the Chancellor of the Exchequer, what recent estimate he has made of what the Public Works Loan Board (a) principal and (b) debt repayments for local authorities will be in the 2023-24 financial year.

Answer

The Office for Budget Responsibility publishes the official forecast for local authority borrowing and spending in their Economic and Fiscal Outlook, including future spending on principal and debt interest. The latest estimate in the March 2023 forecast is published here: https://obr.uk/efo/economic-and-fiscal-outlook-march-2023/.


Secondary information

Type
Written question
Reference
193443
Session
2022-23
Subjects
Borrowing Local government Public Works Loan Board
Contains statistics
Yes
Link
View this Written question on www.parliament.uk