Select Committee · Housing, Communities and Local Government Committee
Local Council bank loans inquiry
Status: Closed
Opened: 9 Jul 2015
Closed: 24 Apr 2017
On 6 July 2015 a Channel 4 Dispatches programme revealed that many Local Authorities had taken out loans from banks for which Councils were paying high interest rates and which many Councils were locked into because of expensive "break" clauses. The report suggested that up to one fifth of Council borrowing was taken out under …
Oral evidence sessions
| Date | Witnesses | |
|---|---|---|
| 20 Jul 2015 | Session | View ↗ |