Public Works Loans to all historical organisations/areas now known as the London Borough Of Tower Hamlets

Muhammed Iqbal made this Freedom of Information request to Public Works Loan Board

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The request was successful.

Dear Public Works Loan Board,

Please could you provide pdf copies of each and every "Public Works Loan" in date order that has been provided by your board to the "London Borough Of Tower Hamlets" (set up 1965) and any of its previous incarnations as metropolitan boroughs (Poplar, Bethnal Green & Stepney - abolished 1965), and earlier "civic parishes", "Board Of Works" or any other incarnations or organisations in the present boundaries of the Borough of Tower Hamlets since your own establishment of 1793.

I would like also in list format in date order, a brief summary of each loan, official reference ID/number, its date of authorisation, the name of the requesting body (board of works, civic parish, metropolitan borough etc), the name of the requesting person/officer its purpose of that organisation, the exact purpose for the loan, the amount loaned, the payback period agreed at time of authorisation, the interest, the date the loan was payed, any penalties for non-payment on time, whether this was further loan to a previous project (show the reference)and any details that could be of interest is this summarised list.

Yours faithfully,

Muhammed Iqbal

RecordsManagementService, Public Works Loan Board

Dear Mr Iqbal

I am writing to acknowledge your FOI request. We aim to respond by 3rd
March and may need to contact you for further clarification. Please use
the reference FOI20110202 in all future correspondence

Kind regards


Records Officer
UK Debt Management Office

02078626 ext 552

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RecordsManagementService, Public Works Loan Board

2 Attachments

Dear Mr Iqbal

Please find attached our response to your Freedom of Information Request
reference number FOI20110202. Please contact us if you require any further
information.

Kind Regards

Records Officer

UK Debt Management Office

02078626 ext 552

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recorded for legal purposes.

Dear RecordsManagementService,

I sincerely thank you for this information, but you have left out one key ingredient.

The purpose for each loan is missing, I cannot believe after going through all of this that you missed the purpose of each loan. Is it the case that loans are given out without organisations having to stipulate the purpose for each loan?

Yours sincerely,

Muhammed Iqbal

RecordsManagementService, Public Works Loan Board

Dear Mr Iqbal
I have consulted with my PWLB Colleagues and they have confirmed that
Board does not seek to know the purpose of any loan it makes to main
local authorities.

Records Officer
UK Debt Management Office

02078626 ext 552

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Dear RecordsManagementService,

Again thanks for this, one last point could you just confirm for me the following;

I've looked at the spreadsheet and accumalated the outstanding balance for each loan listed, it comes to £276,173,453.11. Is this the actual outstanding balance that Tower Hamlets Council in total, owes on all outstanding loans, or am I looking at this from the wrong perspective.

Thanks for your time and patience in this matter

Yours sincerely,

Muhammed Iqbal

RecordsManagementService, Public Works Loan Board

I can confirm that this amount is the total outstanding balance

Records Officer
UK Debt Management Office

02078626 ext 552

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