Enfield increases borrowing
0London Borough of Enfield increased its borrowing by £107m during 2018, to help fund previous years’ capital programmes.
As of 31 December 2018 the Council had £804m of borrowing in total, according to a council report.
The council expects to borrow a further £188m in 2019/20, according to the council’s new treasury management strategy.
Enfield’s authorised borrowing limit will rise from the 2018/19 figure of £1.142m to £1.175m.