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LOCAL AUTHORITIES BORROWING REQUIREMENT JAN 1995

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The local authorities borrowing requirement (LABR) is provisionally estimated to have been minus£0.6bn in January ...
The local authorities borrowing requirement (LABR) is provisionally estimated to have been minus £0.6bn in January (ie a net repayment), compared with a net repayment of £0.5bn in the first ten months of 1994-5 (ie a net repayment), compared with a net repayment of £4.1bn in the same period last year.

Since published last month, the PSBR for December has been revised downward by £0.2bn and for data from the Bank of England, but also due to the incorporation of new information from the department of environment's quarterly survey of local authorities for the fourth quarter of 1994.
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