Public Works Loan Board

The Public Works Loan Board (PWLB) is a UK government body that provides loans to local authorities for public infrastructure projects, such as roads, schools, and hospitals. Established in 1793, its purpose is to support local councils in financing essential projects that benefit communities. The PWLB offers loans at low-interest rates, making it easier for local governments to invest in public services. By doing so, it helps ensure that important public facilities are built and maintained, contributing to the overall well-being and development of local areas.