The Local Council Report / Capital & debt / PWLB dependence · markdown view

PWLB dependence

ratio · constructed · council-quarter

This shows what share of the council's borrowing comes from the government's own lending body, as opposed to banks and other lenders. It matters because government loans are the standard, safest source for councils; heavy use of other lenders can signal chasing cheaper or riskier deals. A high number means the council borrows almost entirely from the government — plain vanilla; a low number means it relies more on banks and markets, which is worth a closer look.

councils
285
median
0.89
q1
0.73
q3
0.99
min
0
max
1

Distribution

01

Highest 10

CouncilClassValueIn its class
East Riding of Yorkshireunitary11st highest of 63
South Staffordshiredistrict11st highest of 135
Leicesterunitary11st highest of 63
Harboroughdistrict11st highest of 135
Hinckley & Bosworthdistrict11st highest of 135
Meltondistrict11st highest of 135
Bostondistrict11st highest of 135
South Hollanddistrict11st highest of 135
South Kestevendistrict11st highest of 135
North Norfolkdistrict11st highest of 135

Lowest 10

CouncilClassValueIn its class
Wandsworthlondon030th highest of 30
Chelmsforddistrict0130th highest of 135
Basingstoke & Deanedistrict0130th highest of 135
Reigate & Bansteaddistrict0130th highest of 135
Hyndburndistrict0130th highest of 135
Broxbournedistrict0130th highest of 135
Newcastle-under-Lymedistrict0130th highest of 135
Maidstonedistrict0.06129th highest of 135
Prestondistrict0.15128th highest of 135
Lancashirecounty0.1721st highest of 21

Definition

namepwlb_dependence
dataset02-capital-outturn-debt
kindconstructed
typenumeric
unitratio
graincouncil-quarter
rolefeature
sourcepwlb_loans_longterm / Σ borrowing_components_q — 'Loans Longer-term - PWLB' divided by the sum of all lender-category columns on sheet LA_Borrowing_25-26_Q4 of Borrowing_and_investment_live_table_Q4_2025_to_2026.ods
period2025-26 Q4 (quarterly live table)
missingnessunknown
score_noteDistinct liquidity-stress angle; quarterly-only and needs manual denominator.
calculated../calculated/pwlb-dependence.csv
calculated_rows10231
calculated_periods2009-10 to 2025-26-Q4 (annual to 2019-20, quarterly from 2020-21-Q1)
calculated_date2026-08-13
peer_groupdistricts (n=177), unitaries (n=65), metropolitan boroughs (n=37), London boroughs (n=31), counties (n=27) — context variable, excluded from leaderboard scoring

Concentration of the council's debt in the Public Works Loan Board versus market and inter-authority lenders. Low PWLB dependence with high short-term inter-LA reliance signals liquidity stress — a council rolling over cheap short loans it cannot term out. The denominator must be summed manually (no total column exists on the sheet), and the table is UK-wide — filter to England.