Local Government Finance

Communities and Local Government written question – answered on 16th October 2006.

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Photo of Paul Beresford Paul Beresford Conservative, Mole Valley

To ask the Secretary of State for Communities and Local Government which 12 English local authorities in each class have (a) the greatest outstanding debt and (b) the greatest outstanding debt per head of population.

Photo of Phil Woolas Phil Woolas Minister of State (Local Government & Community Cohesion), Department for Communities and Local Government

The following tables show which English local authorities have the greatest outstanding debt and the greatest outstanding debt per head of population at 31 March 2006:

12 English local authorities with greatest outstanding debt at 31 March 2006
Net debt at 31 March 2006 (£ million)
Birmingham 1,287.3
Leeds 1,051.1
Manchester 1,050.2
Liverpool 818.1
Sheffield 753.4
Kent 677.3
Haringey 563.6
Islington 552.7
Newham 534.4
Lambeth 480.2
Brent 471.1
Newcastle upon Tyne 452.5
12 English local authorities with greatest outstanding debt per head at 31 March 2006
£ million
Net debt at 31 March 2006 Total net debt per head at 31 March 2006
Islington 552.7 3,026
Haringey 563.6 2,511
Manchester 1,050.2 2,381
Newham 534.4 2,170
Salford 447.5 2,068
Liverpool 818.1 1,828
Lambeth 480.2 1,784
Hammersmith and Fulham 313.8 1,745
Brent 471.1 1,744
Newcastle upon Tyne 452.5 1,637
Southwark 418.6 1,624
Barnsley 346.8 1,561

A table showing the outstanding debt and outstanding debt per head of the principal English authorities has been placed in the Library of the house.

Local authorities with the highest levels of debt are generally those that have large holdings of fixed assets.

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