Question to the HM Treasury:
To ask Her Majesty's Government what loans they have made available to (1) local authorities, and (2) mayoral authorities, through the UK Infrastructure Bank.
The UK Infrastructure Bank (UKIB) is open in interim form and can support lending of £4 billion in total to local authorities. The UKIB is in discussion with several local authorities about potential opportunities and is open to further proposals. The UKIB is operationally independent and assesses deals in line with its investment principles.