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FOI - Lending and Borrowing to and from local authorities

Key information

Request reference number: MGLA011019-3739

Date of response:

Summary of request

My request relates to money lent by Greater London Authority to local authorities, as detailed by the government's borrowing and investment live table which can be found here: https://www.gov.uk/government/statistical-data-sets/live-tables-on-loca…;

According to the table, the total outstanding amount lent by the Greater London Authority to other local authorities was £361,717,000 as of Q1 2019/20. 

In regards to the figure above, I would like to know: 

1. For each individual loan: 

1.1 The local authority/borrower name 

1.2 The amount advanced (the initial amount lended) 

1.3 The outstanding balance 

1.4 The interest rate 

1.5 The settlement date (the date on which the loan was agreed) 

1.6 The maturity date (the date on which the loan is set to end) 

1.7 Any platform used during the lending process (for example iDealTrade.net) 

According to the table, the total outstanding amount borrowed from other local authorities was £27,546,000 as of Q1 2019/20. 

In reference to this figure, I would like to know: 

2. For each individual loan taken by the council: 

2.1 The local authority/lender name 

2.2 The amount advanced (the initial amount received) 

2.3 The outstanding balance 

2.4 The interest rate 

2.5 The settlement date (the date the loan was agreed) 

2.6 The agreed maturity date (the date on which the loan is set to end) 

2.7 Brief summary of the purpose of the loan 

2.8 Any platform used during the borrowing process (for example iDealTrade.net) 

Additionally, I would like to know: 

3. Who is the Greater London Authority's treasury advisor(s)? 

3.1 When did the treasury advisor(s) named above begin this role? 

Related documents

MGLA011019-3739 - FOI response

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