questionText: To ask the Secretary of State for Levelling Up, Housing and Communities, what assessment his Department has made of the impact of the level of interest rates on local authority debt repayments.
answerText: Councils are ultimately responsible for their own finances, including decisions on the timing of borrowing, and the type and length of loan to manage interest rate risks. The effect of interest rates will vary significantly between councils depending on i...
heading: Local Government: Debts