Local Government: Debts
The question
To ask the Secretary of State for Housing, Communities and Local Government, if she will make an estimate of the cumulative level of debt held by local authorities in each of the last 15 years.
Answered by Jim McMahon
The Ministry of Housing, Communities and Local Government collects data returns from local authorities including their borrowing and investment information. These returns are collated and published by MHCLG on gov.uk. There are various metrics by which debt can be measured. We have provided links to relevant information along with a summary what is available in each:
- Borrowing and investment live tables - Live tables on local government finance - GOV.UK. This dataset shows all UK local authorities’ borrowing and investment on a quarterly basis. The data is split by each authority dating back to 2014. There is also an annual summary table which shows the cumulative balances on an annual basis.
- Capital expenditure, receipts and financing - Local authority capital expenditure, receipts and financing - GOV.UK. This dataset is an annual return collected from English authorities only and dates back to 2000. These returns explain in more detail the expenditure of each authority and how these are financed, including each authority’s year end debt position, individually and in aggregate.
Other government departments including HMT and The Office of National Statistics provide their own datasets. One such example would be: LG: Local government gross debt - Office for National Statistics. This is not owned by MHCLG however does provide aggregate local government gross debt from 1966 to 2024.
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