HC Deb 06 December 1985 vol 88 c356W
Mr. Alton

asked the Chancellor of the Exchequer what rate of interest is currently charged by the Public Works Loan Board on loans to local authorities.

Mr. Ian Stewart

The Public Works Loan Board lends to local authorities at both fixed and variable rates of interest. Fixed rates are published regularly in the London and EdinburghGazettes, copies of which are available in the Library. Variable rates are quoted to borrowers on application to the board.