Asked by: Chris Hinchliff (Labour - North East Hertfordshire)
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, what the latest available figure is for Housing Revenue Account debt owed to the Public Works Loans Board by local authorities, including (a) the collective figure for all local authorities and (b) the debt for individual local authorities.
Answered by Alison McGovern - Minister of State (Department of Health and Social Care)
The Government publishes data on loans issued by the Public Works Loan Board lending facility here Historical Data and here Current Data, which includes loans taken out under the Housing Revenue Account discounted interest rate in place since 15 June 2023. Total debt attributable to the Housing Revenue Account is submitted to Government by local authorities as part of capital data returns and published here Local authority capital expenditure, receipts and financing - GOV.UK. Local authorities also provide the Government with data on their borrowing, including source of borrowing. The data can be found on gov.uk Live tables on local government finance - GOV.UK.