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Written question asked by Baroness Eaton (Conservative) on Monday, 24 February 2025, in the House of Lords. It was due for an answer on Monday, 10 March 2025. It was answered by Lord Livermore (Labour) on Monday, 10 March 2025 on behalf of the Treasury.


Public Works Loan Board

Question

To ask His Majesty's Government whether they have had discussions with local authorities regarding the prospect of providing interest repayment holidays on loans issued to local authorities by the Public Works Loan Board.

Answer

The Government engages regularly with local authorities on a range of issues and is committed to working in partnership with local authorities to deliver for their residents. The Public Works Loan Board lending facility provides cost-effective loans to local authorities and the terms of lending and requirements for interest repayments are set out in published guidance.


Secondary information

Type
Written question
Reference
HL5090
Session
2024-26
Subjects
Interest rates Local government Loans Repayments Public Works Loan Board
Link
View this Written question on www.parliament.uk