Public Works Loan Board: Interest Rates
(asked on 6th November 2024) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether she plans to review Public Works Loan Board rates offered to councils.
This question was answered on 18th November 2024
The PWLB lending facility exists to provide cost effective loans to local authorities to support investments and service delivery. HMT keeps all PWLB rates under review, including the discounted rate for investment in social housing which we extended in Autumn Budget to the end of 2025-26 to give LAs certainty with their capital plans for the year ahead.