Prudential borrowing
This article does not cite any sources. (June 2012) |
Prudential borrowing is the set of rules governing in the UK. Under prudential borrowing, the amount of debt and other liabilities most local authorities can incur is no longer capped by an upper limit. Instead borrowing must conform to the which (among other things) requires that borrowing be affordable and prudential.
Categories:
- Local government in the United Kingdom
- United Kingdom government stubs