Tuesday 6 December 2011

Local government financing

I came across this article recently:

http://www.telegraph.co.uk/finance/newsbysector/transport/8933384/Local-councils-turn-to-the-bond-markets-to-pay-for-infrastructure-projects.html#disqus_thread

It will be interesting to see if many councils go down this route.  It has attractions as it will enable capital schemes to proceed without making serious inroads into a Council's reserves.  All it requires is a modicum of creative thinking.  Ah well, sounded like a good idea.

No comments:

Post a Comment