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.
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.