Public Works Loan Board
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PWLB ban is ‘nail in the coffin’ for out-of-borough investment
Changes block new public loans for ‘debt-for-yield’ commercial property investment
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Treasury bans councils from commercial property loans
The change to the Public Works Loan Board lending will apply from 9am tomorrow
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Birmingham appoints AY to review commercial investments
Avison Young will advise on improvement, growth and change management, including new acquisitions
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Jenrick offers support for councils exposed to property losses
But he said the government would not step in to support interest or loan repayments to the PWLB
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Treasury slaps 1% interest on PWLB borrowing
Surcharge on interest rates from the £95bn Public Works Loan Board threatens development projects.