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1651926

registered interest
date	11/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Works Loan Board
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what the Public Works Loan Board (a) principal and (b) debt repayments were for local authorities in the (i) 2020-21, (ii) 2021-22 and (iii) 2022-23 financial year.
tabling member constituency	Aberdeen South
tabling member printed	Stephen Flynn
uin	193442
answer	answer is ministerial correction date of answer 17/07/2023 answer text <p>Figures for principal and interest repayments to the Public Works Loan Board for the financial years 2020-21 to 2022-23 are published in their annual reports and accounts. Links to those reports can be found here: <a href="https://www.gov.uk/government/collections/public-work-loans-board-annual-report-and-accounts" target="_blank">https://www.gov.uk/government/collections/public-work-loans-board-annual-report-and-accounts</a>.</p><p> </p><p> </p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 17/07/2023 13:53:38 answering member 4874 label Biography information for Andrew Griffith
tabling member	4735 label Biography information for Stephen Flynn

1651927

registered interest
date	11/07/2023
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Works Loan Board
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what recent estimate he has made of what the Public Works Loan Board (a) principal and (b) debt repayments for local authorities will be in the 2023-24 financial year.
tabling member constituency	Aberdeen South
tabling member printed	Stephen Flynn
uin	193443
answer	answer is ministerial correction date of answer 18/07/2023 answer text <p>The Office for Budget Responsibility publishes the official forecast for local authority borrowing and spending in their Economic and Fiscal Outlook, including future spending on principal and debt interest. The latest estimate in the March 2023 forecast is published here: <a href="https://obr.uk/efo/economic-and-fiscal-outlook-march-2023/" target="_blank">https://obr.uk/efo/economic-and-fiscal-outlook-march-2023/</a>.</p><p> </p> answering member constituency Arundel and South Downs answering member printed Andrew Griffith question first answered 18/07/2023 14:30:26 answering member 4874 label Biography information for Andrew Griffith
tabling member	4735 label Biography information for Stephen Flynn

1197618

registered interest
date	20/05/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Works Loan Board
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what estimate he has made of the PWLB principal and debt repayments for local authorities in the 2020-21 financial year.
tabling member constituency	Aberdeen South
tabling member printed	Stephen Flynn
uin	49841
answer	answer is ministerial correction date of answer 04/06/2020 answer text <p>The following table details expected Public Works Loan Board (PWLB) repayments in 2020-21 to the nearest £ million, for all UK local authorities and for Scottish local authorities only.</p><p> </p><table><tbody><tr><td><p><strong> </strong></p></td><td><p><strong>Principal</strong></p></td><td><p><strong>Interest</strong></p></td><td><p><strong>Total</strong></p></td></tr><tr><td><p><strong>UK</strong></p></td><td><p>£2,700 million</p></td><td><p>£3,080 million</p></td><td><p>£5,779 million</p></td></tr><tr><td><p><strong>o/w Scotland</strong></p></td><td><p>£372 million</p></td><td><p>£421 million</p></td><td><p>£793 million</p></td></tr></tbody></table><p><strong> </strong></p><p>Most PWLB loans are structured as maturity loans so that local authorities repay no principal in any given year.</p> answering member constituency Salisbury answering member printed John Glen grouped question UIN 49842 question first answered 04/06/2020 11:03:27 answering member 4051 label Biography information for John Glen
tabling member	4735 label Biography information for Stephen Flynn