Local Authority Borrowing

Local Authority Borrowing (1985) sets out the history of local authorities’ activities as borrowers. The early attempts to finance the building of toll roads and bridges are the beginning of a story which carries on through the centuries to the present-day market in local authority bonds worth over £48 billion.

Imprumutarea autoritatilor locale (1985) prezinta istoria activitatilor autoritatilor locale in calitate de imprumutati. Primele incercari de a finanta construirea de drumuri si poduri cu taxa sunt inceputul unei povesti care continua de-a lungul secolelor pana pe piata actuala a obligatiunilor autoritatilor locale in valoare de peste 48 de miliarde de lire sterline.