{"metric":"council_investments_total","title":"Council investments held","topic":"local-government","unit":"£ million","measure_type":"stock","geography":"K02000001","comparison_method":"year_on_year","source":{"publisher":"MHCLG","publication":"Local authorities borrowing and investments: UK live table, investments (MHCLG)","landing_url":"https://www.gov.uk/government/statistical-data-sets/live-tables-on-local-government-finance"},"definition":"The investments a local authority held at the end of the quarter — bank and building society deposits, treasury bills, certificates of deposit, gilts, money market and externally managed funds, loans to other local authorities and other investments — summed from the component columns of MHCLG's quarterly borrowing and investments live table. The table publishes no total, so this figure is Civometry's sum of the published components.\n","does_not_measure":"Net financial position or reserves: investments here are financial instruments held, not the council's usable reserves, and they are not netted against its borrowing. The UK figure covers every local government body, so the council rows do not sum to it.\n","links":{"page":"/local-government/council-investments","series":"/api/metrics/council_investments_total/series","vintages":"/api/metrics/council_investments_total/vintages"}}