Public Works Loan Board

(asked on 11th July 2023) - View Source

Question to the HM Treasury:

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.


Answered by
Andrew Griffith Portrait
Andrew Griffith
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 18th July 2023

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/.

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