Sentence examples for borrowing freedom from inspiring English sources
But then came the first sting in the tail: this borrowing freedom will be subject to a prudential limit, assessed by an independent regulator, probably the new Commission for Healthcare Audit and Inspection.
5.20pm: Labour's Liam Byrne has put out a statement about the new borrowing powers announced for councils: Labour pioneered new borrowing freedoms for councils in our March budget.
That means councils are increasingly looking to their own resources, including borrowing freedoms extended in George Osborne's autumn statement last year, to build the lower-rent homes they feel their areas need.
However, the government's overriding need to cut its budget deficit led it to put a limit on the new borrowing freedoms, which had been the original purpose of the HRA reform.
This implies that FTs are using their borrowing freedoms to invest in their infrastructure but that this investment has not yet yielded a proportionate increase in output.
The local government bill will also give councils new borrowing powers and freedoms, especially for the elite group of councils approved by the audit commission.
The Treasury recently granted local authorities more freedom to borrow for capital projects.
And colleges becoming academies would not have the same financial freedom to borrow money.
Prudence in one institution might then inspire panic in another.Low-octane fuelThe banks' freedom to borrow will be regulated more tightly in the new normal.
And unlike the governments of richer countries, Mexico's has little freedom to borrow-and-spend its way out of recession.
