Public Works Loan Board
(asked on 17th July 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the (a) combined value and (b) annual interest payment is for Public Works Loan Board borrowing for each local authority, not including town and parish councils in (i) England, (ii) Wales and (iii) Scotland.
The following table details the principal balance outstanding as of 30 June 2020, and the interest payments due in 2020-21, for all Public Works Loan Board (PWLB) loans held by principal local authorities in England, Scotland and Wales.
| Principal Balance Outstanding at 30 June 2020 | Interest Repayments in 2020-21 |
England | £70,230 million | £2,403 million |
Scotland | £10,572 million | £418 million |
Wales | £4,625 million | £194 million |
|
|
|
Total | £85,427 million | £3,014 million |