PWLB’s lending level to local authorities rises, sets PP agents' eyes alight
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PWLB’s lending level to local authorities rises, sets PP agents' eyes alight

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Capital markets have long been unattractive funding routes for UK local authorities as the Public Works Loan Board — a government body that provides loans to public bodies — has offered lending levels that public and private markets could not compete with. But a recent Treasury announcement may have tipped the scales in PP players' favour.

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