FI14751

Request

I am writing to request the following information under the Freedom of Information Act 2000. Please note that I refer to the successful earlier FOI request for similar information from another council (See: https://www.whatdotheyknow.com/request/inter_authority_borrowinglending) According to the borrowing and investment live table, as of 31 December 2023, the council’s outstanding borrowing relating to loans from other local authorities was £22,000,000 (short- and long-term. Source: https://www.gov.uk/government/statistical-data-sets/live-tables-on-local-government-finance) In regards to the above figure, I would like to know: For each individual loan taken by the council: 1. The local authority/lender name 2. The amount advanced (the initial amount) 3. The outstanding balance 4. The interest rate 
 5. The settlement date (the date the loan was agreed) 6. The agreed maturity date (the date on which the loan is set to end)

Response

LA Name Amount Advanced Outstanding Balance Interest Rate Settlement Date Agreed Maturity Date
Blackburn with Darwen Borough Council 5,000,000.00 5,000,000.00 4.63 23/06/23 03/01/24
West Yorkshire Fire and Rescue Authority 5,000,000.00 5,000,000.00 5.6 29/11/23 30/01/24
Greater Manchester 5,000,000.00 5,000,000.00 5.6 18/12/23 19/02/24
Kirklees Council 6,000,000.00 6,000,000.00 5.6 19/12/23 20/02/24
Blaenau Gwent County Borough Council 1,000,000.00 1,000,000.00 5.55 19/12/23 12/01/24