Oxford Street Development Corporation council debt
Greater London Authority body, England. Latest figures: Jun 2026.
Oxford Street Development Corporation debt over time
Outstanding borrowing at each date, Mar 2026 to Jun 2026.
What Oxford Street Development Corporation 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, 2018-19 to 2024-25.
| Year | Capital spending | Borrowed | Biggest items |
|---|---|---|---|
| 2024-25 | £172m | £22.3m | Roads and transport £119m, Schools and education £13.6m, Social care £11.9m |
| 2023-24 | £159m | £13.7m | Roads and transport £110m, Schools and education £25.9m, Social care £10.2m |
| 2022-23 | £147m | £6.2m | Roads and transport £92.3m, Schools and education £27.2m, Central services and corporate property £10.2m |
| 2021-22 | £144m | £5.6m | Roads and transport £101m, Schools and education £20.4m, Social care £8.5m |
| 2020-21 | £134m | £11.8m | Roads and transport £97.7m, Schools and education £11.7m, Planning and regeneration £9.0m |
| 2019-20 | £115m | £3.3m | Roads and transport £75.9m, Schools and education £20.5m, Social care £8.0m |
| 2018-19 | £121m | £4.2m | Roads and transport £72.7m, Schools and education £27.4m, Social care £8.4m |
"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.
Oxford Street Development Corporation debt by year
| Date | Debt | Investments | Net debt | Per person | Population | Debt cost |
|---|---|---|---|---|---|---|
| Jun 2026 | £0 | £0 | £0 | – | – | – |
| Mar 2026 | £0 | £0 | £0 | £0 | 845,541 | £38.9m |
See Oxford Street Development Corporation on the UK council debt map