Analysis: How Edinburgh said no to LOBO loans - and why it matters
Edinburgh has joined a number of councils in England in saying no to controversial ‘LOBO’ loans. Edinburgh Green councillor Gavin Corbett explains.
THE world of local authority treasury management is a rarefied one. Not many councillors seek election in order to pore over investment strategy or unpick the debt profile which councils have to manage.
Nevertheless, there it is.