Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the borrowing capacity of the West Midlands Combined Authority is and what portion of this capacity has been used.

HM Treasury agreed debt caps with several Mayoral Combined Authorities in 2018. These caps place a limit on long-term external debt in each financial year, and for the West Midlands this cap is:

Figures published by the Ministry for Housing, Communities and Local Government detail outstanding debt on a quarterly basis for each local authority and combined authority. This is available at:

https://www.gov.uk/government/statistical-data-sets/live-tables-on-local-government-finance