Official Statistics

Local authority borrowing and investments 2010 to 2011

Statistics on borrowing and investments by local authorities in the UK.

From:
Ministry of Housing, Communities & Local Government and The Rt Hon Lord Pickles
Published
1 December 2011

Documents

Local authority borrowing and investments, UK 2010 to 2011

Ref: ISBN 9781409832461

PDF, 196 KB, 13 pages

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Pre-release access list: local authority borrowing and investments

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Details

The latest local authority borrowing and investments statistics produced by the Department for Communities and Local Government were released on Thursday 1 December 2011.

Key points from the latest release are:

  • total gross borrowing increased from £58.1 billion at the end of 2005 to 2006 to £70.6 billion at the end of 2010 to 2011, an increase of 21% over 5 years and 4% over the last year
  • 99% of borrowing is longer term of which 76% was with the Public Works Loan Board
  • total investments increased from £23.5 billion at the end of 2009 to 2010 to £25.1 billion at the end of 2010 to 2011, an increase of 7%
  • 69% of all investments as at 31st March 2011 were in banks and building societies
Published 1 December 2011

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