The government launched its post-Brexit investment bank more than a year faster than similar lending facilities, meaning it was unable to state how it will meet objectives, according to the National...
Councils will gain access to £4bn worth of loans for capital projects from the new UK Infrastructure Bank - although experts have raised questions about the lending rate.
The creation of an infrastructure bank to help offset lost European Investment Bank funding will be crucial to economic recovery according to consultancy firm Bidwells.
The Treasury is looking into the potential of an infrastructure bank, to help offset the funding loss from European Investment Bank, according to a report.
Local authorities are demanding that the government clarifies how it will fund infrastructure after the UK loses billions of pounds from the European Investment Bank following Brexit.
