Plans for the UK’s first municipal bonds agency have been given the green light to enter the launch phase.
Some 48 councils have now signed up to become investors in the agency, which the Local Government Association (LGA) estimates could save local government more than £1bn in borrowing costs.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login
