20% rise in London borrowing over two years expected, MyCouncil data shows

London boroughs’ borrowing is set to rise by 20% over the next two years, according to the latest data collected from MyCouncil, Room151’s financial insight platform.

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The findings point to a growing capital expenditure for London boroughs, with projected borrowing rising faster than in any other upper-tier authority group and

20% rise in London borrowing over two years expected, MyCouncil data shows

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