Public Works Loan Board: Barnet

Government does not publish individual local authority’s loans and interest rates, however, data on loans issued from the Public Works Loan Board is published at Historical Data. Further, authorities are required to report their financial position in their Annual Statement of Accounts. Local authorities also provide the government with data on their borrowing, including source of borrowing. The data can be found on gov.uk here Live tables on local government finance - GOV.UK.

Local authorities are responsible for setting their own capital strategies, as they are best placed to make local decisions that reflect the needs of their communities. In making those decisions, however, local authorities must comply with their legal duties and have regard to statutory guidance designed to ensure decisions are prudent, affordable, and sustainable. The Public Works Loan Board lending facility is a non-discretionary lender: it does not ask the purpose of a loan, as this would duplicate the decision-making structures of the individual local authorities.