Local Government: Debts
Commons · Question 121307 · Tabled 17 Mar 2026 · Ministry of Housing, Communities and Local Government · Official record
Answered 24 Mar 2026
Question
Asked by Wendy Morton
To ask the Secretary of State for Housing, Communities and Local Government, with reference to the Local Government Finance Statement made on 23 February 2026, what estimate he has made of the aggregate level of debt held by local authorities in relation
Answer
Answered by Alison McGovern, 24 Mar 2026
The government does not collect data specifically on debt incurred to finance commercial property. However, authorities are required to submit data on borrowing, capital spend and asset holdings to government as part of quarterly and annual returns. Borro...