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‘Hawkish’ rate cut keeps PWLB costs high for councils

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Local authority long-term borrowing rates have risen despite cuts to the Bank of England’s base rate.

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Last week, the Bank of England reduced interest rates for the fifth time in a year, lowering the base rate to 4% on 7

What skills, knowledge and experience does a treasury manager take with them when they retire, and how might these come into play once they are no longer managing the finances of an authority, but their own? Can this show us anything about local government treasury management?

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