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British Investment Bank

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This is the current revision of this page, as edited by Ecangola (talk | contribs) at 11:13, 28 June 2023. The present address (URL) is a permanent link to this version.

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The British Investment Bank was a proposed public bank designed to finance projects of national interest. All members of the G7 group of countries, plus Russia, have a public investment bank of varying kinds, except for Britain. It is seen as a useful route for small and medium businesses to get loans on fair terms, particularly when conventional private banks are reluctant to lend.

It was supported by Ed Balls and Chuka Umunna among others in the UK Labour Party in 2013.[1]

See also

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Notes

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  1. ^ "Labour: Small firms need a 'British Investment Bank'". www.telegraph.co.uk. Retrieved 2023-06-28.

References

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  • R Skidelsky, Blueprint for a British Investment Bank (2013)
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