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London Development Agency

Treasury written question – answered on 7th June 2007.

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Photo of Bob Neill Bob Neill Conservative, Bromley and Chislehurst

To ask the Chancellor of the Exchequer how much the borrowing limit of the London Development Agency was in 2006-07; and how much it will be in 2007-08.

Photo of John Healey John Healey The Financial Secretary to the Treasury

It is for the Mayor of London, as part of the wider GLA arrangements, to set the borrowing limits for the LDA on an annual basis, in accordance with the Local Government Act 2003.

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