Channel 4 Dispatches and Council Loans
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If you want to see the evidence supplied by Wrexham Council to Channel 4 Dispatches look at https://www.whatdotheyknow.com/request/lobo_loans_115
This is for information as I have not compared with other Councils other than seeing that Wrexham Loan rates are lower than some of those in London.
If there are any bankers out there maybe you would like to comment are Wrexham getting a good deal“A LOBO is a “teaser rate” loan, designed to initially sweeten the deal, featuring interest rates that can be periodically “called” higher by the bank, meaning the potential for 40-50 years of variable interest pain.”
Interesting link here giving a breakdown of why this is an issue https://www.opendemocracy.net/ourkingdom/joel-benjamin/dispatches-how-local-governments-are-being-fleeced-by-banks-for-%C2%A315bn
Graphs though only cover England it seems.
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