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Jackie Shute: the arc of the LOBO story – the final chapter?

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The dramatic story of LOBO loans could be reaching its finale – but the ending could be more of a whimper than a bang, thinks Jackie Shute, head of local authority strategy at Public Sector Live Ltd.

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It’s been a rocky road for the Lenders Option Borrowers Option (LOBO) loans since their creation back in the 1990s; full of drama, speculation,

Could councils with large SEND deficits be given permission to borrow above their CFR? Jackie Shute, head of local authority strategy at Public Sector Live Ltd, argues this won’t be necessary.

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