Regional Planning and Development: North of England

(asked on 17th May 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what interest rate for finance under the Northern Powerhouse was offered to successful bidders by local authority district in each month since January 2015.


Answered by
Andrew Griffiths Portrait
Andrew Griffiths
This question was answered on 25th May 2018

The Northern Powerhouse Investment Fund (NPIF), has a total of five delivery partners operating the seven funds. These funds utilise a range of interest rates which are set according to the risk of each investment or loan. The rates used are commercially sensitive and not publicly available.

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