Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the number of loan applications declined by the Public Loans Work Board in each local authority in each of the last 12 months.
The Public Works Loan Board is a non-discretionary lender and does not refuse an application if satisfied that it conforms to the policy framework governing its lending arrangements. There have been no instances of refusal in the last 12 months.