UK: ”Municipal bonds a step closer to reality”

The English Local Government Association issued a press release last Friday, where the following is written:

LGA logo”The cross-party executive of the Local Government Association, which represents councils in England and Wales, has voted unanimously in favour of pursuing the plan following 18 councils making formal expressions of interest in the creation of a Municipal Bonds Agency to rival those already in operation in Denmark, Sweden, Norway, the Netherlands and France.”

The local authorities that have stated their commitment to work with the LGA to develop the agency, are presented in the press release. They are:

  • Birmingham City Council
  • Cambridgeshire County Council
  • Cheshire West and Chester Council
  • City of London Corporation
  • East Dunbartonshire Council
  • Ipswich Borough Council
  • Lancashire County Council
  • London Borough of Lewisham
  • London Borough of Southwark
  • London Borough of Sutton
  • London Borough of Richmond upon Thames
  • Newcastle City Council
  • Rochford District Council
  • Stevenage Borough Council
  • South Cambridgeshire District Council
  • Warrington Borough Council
  • Westminster City Council
  • Royal Borough of Kensington and Chelsea

Read the press release here.

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