Skip to Main Content

Inter-authority lending during LGR: ‘keep it simple’

(Shutterstock)

Councils have been urged to consider a pragmatic ‘managed debt’ solution to handling inter-authority loans during local government reorganisation (LGR).

Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site.

Subscribe

David Blake, director at Arlingclose, said that simplification should be prioritised in the treatment of local authority to local authority loans, particularly those spanning

Councils should have “sustained access” to preferential borrowing rates to support the viability of the government’s attempts to spark a revival in social housebuilding.

(Shutterstock)