Roger Pearson previews an important test for local authority loan guarantees
Judgment is pending in a case with wide implications for the future of local authority private sector borrowing. Credit Suisse is appealing High Court rulings on 6 May and 2 November 1994 that Allerdale Borough Council and the London Borough of Waltham need not repay the millions loaned to them. In the Allerdale case, repayment […]