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Local authorities increase investments in gilts amid yield optimism

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Local authority investments in UK gilts have increased by more than £250m over the past two years as councils position themselves for future base rate cuts.

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According to the latest borrowing and investment data from the Ministry of Housing, Communities and Local Government (MHCLG), investments in gilt-edged securities rose from £338m at

Interest rate risk management is vital to determining borrowing and investment strategy and outcomes. From visual aids to top tips, Jackie Shute, head of local authority strategy at Public Sector Live Ltd, offers an overview of best practice.

(Jackie Schute)