Question to the HM Treasury:
To ask His Majesty's Government whether they have had discussions with local authorities regarding the prospect of providing interest repayment holidays on loans issued to local authorities by the Public Works Loan Board.
The Government engages regularly with local authorities on a range of issues and is committed to working in partnership with local authorities to deliver for their residents. The Public Works Loan Board lending facility provides cost-effective loans to local authorities and the terms of lending and requirements for interest repayments are set out in published guidance.