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Tag Archives: loans

Salix Financing for Carbon Reducing Projects

Salix has interest free funding available to enable town and parish councils take steps to increase their energy efficiency by investing in modern technology, thereby reducing their carbon footprint and helping to address climate change. Salix is a non-profit organisation funded by Business, Energy and Industrial Strategy, the Department for Education, the Welsh Government, the

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Hike in PWLB rate will cost councils £70m a year

The 1% increase to the Public Works Loan Board (PWLB) rate will cost councils £70m a year, town hall chiefs have warned. In a letter to chief finance officers, the Treasury hiked the interest rate charged on loans to local authorities by one percent, taking the interest rate from 1.8% to 2.8% with immediate effect.

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