TfL and GLA top UK local authority debt list with combined £20bn borrowing
- Posted on July 13, 2026
- By Evening Standard
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- 1 min read
In brief
UK local authorities face an unprecedented financial crisis with combined debt reaching £155 billion. Transport for London and the Greater London Authority emerge as the largest debtors, accounting for approximately £20 billion combined. The TaxPayers' Alliance analysis reveals TfL's substantial £14 billion liability, highlighting critical infrastructure funding challenges across Britain's public sector and raising concerns about fiscal sustainability.
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TfL and GLA top UK local authority debt list with combined £20bn borrowing
New analysis from the TaxPayers’ Alliance shows TfL holds almost £14 billion of the record high total £155 billion of local authority debt in the UK
