North East Mayoral Combined Authority council debt
Other public body, England. Latest figures: Jun 2026.
North East Mayoral Combined Authority debt over time
Outstanding borrowing at each date, Jun 2024 to Jun 2026.
What North East Mayoral Combined Authority spent capital money on
Councils borrow to pay for capital spending: buildings, roads, housing, loans to their own companies, commercial property. Capital spending by service in each financial year, and how much of it was paid for by new borrowing, 2024-25 to 2024-25.
| Year | Capital spending | Borrowed | Biggest items |
|---|---|---|---|
| 2024-25 | £226m | – | Roads and transport £180m, Commercial property and companies £46.0m |
"Borrowed" is new borrowing and credit used to finance that year's spending; it can exceed the spending when a council borrows to cover earlier costs or, with government permission, day-to-day losses. Source: MHCLG capital outturn (England, from 2018-19); StatsWales capital outturn (Wales). Not yet available for Scotland and Northern Ireland.
Who North East Mayoral Combined Authority borrows from
| Lender | Amount | Share |
|---|---|---|
| Public Works Loan Board (PWLB)the government's lending facility for councils, run by the UK Debt Management Office; most council borrowing comes from it | £78.3m | 69% |
| Other sourcesborrowing the council did not assign to any of the groups above | £35.0m | 31% |
Outstanding loans by type of lender as reported by the council to MHCLG, short and long term together, as at Jun 2026. The return groups lenders by sector, not by name.
North East Mayoral Combined Authority debt by year
| Date | Debt | Investments | Net debt | Per person | Population | Debt cost |
|---|---|---|---|---|---|---|
| Jun 2026 | £113m | £906m | £0 | – | – | £6.7m |
| Mar 2026 | £113m | £482m | £0 | – | – | £6.7m |
| Dec 2025 | £124m | £494m | £0 | – | – | £11.3m |
| Sep 2025 | £124m | £545m | £0 | – | – | £11.3m |
| Jun 2025 | £124m | £542m | £0 | – | – | £11.3m |
| Mar 2025 | £124m | £507m | £0 | – | – | £11.3m |
| Dec 2024 | £130m | £509m | £0 | – | – | – |
| Sep 2024 | £130m | £447m | £0 | – | – | – |
| Jun 2024 | £149m | £455m | £0 | – | – | – |
See North East Mayoral Combined Authority on the UK council debt map