United Kingdom · Question · Written question
UIN 99596
Local Government: Property
Original
Introduced
6 October 2020
Last action
14 October 2020 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
14 October 2020
Summary
To ask the Secretary of State for Housing, Communities and Local Government, whether he has made a recent assessment of the effectiveness of the borrowing undertaken by local authorities to fund investments in commercial property.
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Timeline
6 October 2020
Written question
To ask the Secretary of State for Housing, Communities and Local Government, whether he has made a recent assessment of the effectiveness of the borrowing undertaken by local authorities to fund investments in commercial property.
Source: Commons
14 October 2020
Answer
Local authorities borrow and invest under the Prudential Framework (the Framework) which is designed to ensure that the capital plans of local authorities are affordable, prudent and sustainable, while giving councils the freedom to set their own capital ...
Source: Written answer
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Sponsors
- · Ministry of Housing, Communities and Local Government · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2020-10-06/99596
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1240853
- uk · wq-1240853 · source updated 14 October 2020