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.

,,Imprumuturile autoritatilor locale" (1985) prezinta istoria activitatilor autoritatilor locale ca imprumutate. Primele incercari de a finanta construirea de drumuri si poduri cu taxa reprezinta inceputul unei povesti care continua de-a lungul secolelor pana la piata actuala a obligatiunilor autoritatilor locale in valoare de peste 48 de miliarde de lire sterline.