Fiscal rules for policy banks are holding back investment in climate projects

clock • 4 min read

The new government could create £15bn or more of fiscal space over this Parliament by excluding public policy banks from national fiscal rules, writes Flint Global's Andy King

Labour's manifesto committed to fiscal rules that require public sector net debt (PSND) as a percentage of GDP to be falling in the fifth year of the forecast. Recent reports suggest Chancellor Rachel...

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