PWLB makes ‘seismic’ rate cut as Warrington opts for bond issue – Room151

PWLB makes ‘seismic’ rate cut as Warrington opts for bond issue – Room151

Photo: HM Treasury, Flickr Additional research: Atharva Deshmukh. As the Chancellor presented his spending review, local government borrowing grounds were rocked by a 100 basis point PWLB rate cut despite bond issues showing signs of increasing momentum. Separate developments this week made local government borrowing contested ground. First, the UK Municipal Bonds Agency unveiled its […]

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