UK Debt Management Office

Treasury written question – answered on 7th October 2019.

Alert me about debates like this

Photo of Rachael Maskell Rachael Maskell Shadow Minister (Transport)

To ask the Chancellor of the Exchequer, how much the UK Debt Management Office has loaned to (a) the City of York local authority, (b) local authorities in Yorkshire and the Humber and (c) local authorities in the UK in each year since 2010-11; and how much has been repaid to date.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The UK Debt Management Office runs the day-to-day-operations of the Public Works Loan Board on behalf of the Public Works Loan Commissioners.

The following table details the amount the Public Works Loan Board has loaned to the City of York, Local authorities in Yorkshire and Humber, and Local Authorities in the UK, by year, in millions of pounds.

£ millions

2010-11

2011-12

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20 (Apr-Sept)

City of York local authority

14

133.55

0

0

15

0

0

0

0

0

Local authorities in Yorkshire and the Humber

260.49

804.13

249.66

74.3

54.709

263.78

202.1

274.406

505.4

476

Local authorities in the UK

5,255

16,110

3,159

1,624

2,587

3,021

3,634

5,162

9,131

6,363

Of the loans advanced UK-wide since April 2010, the total amount of principal repaid to date is £3,653 million.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.