LOBO LOANS: a citizen audit of local authority debt

Over 200 councils across the country have taken out Lender Option Borrower Option (LOBO) loans. As a result, millions are flowing into the financial sector from austerity-ravaged local authorities.

This pocket-sized booklet tells you all you need to know about this scandal to take action in your community. It gives the context of local government finance, explains LOBO loans and the conflict of interest and lack of oversight that allowed the scandal to happen, and what you can do to take action against illegitimate LOBO debt.

You can download it below, or if you want copies to distribute locally, get in touch with us at info(at)researchforaction.uk.