UK Government-backed investment bank needed for small business lending, think tank urges


A new report says a new national investment bank could address the lack of long-term investment in SMEs

Britain should set up a state-backed investment bank to focus on small business lending as part of efforts to tackle poor productivity, a think tank has urged.

Calo 1aA new report by Civitas argues that the creation of a new “national investment bank” will address the “market failure” that has led to a lack of long-term investment in SMEs.

The new lender could be independently financed at no ongoing cost to the taxpayer, Civitas claims, while…

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