Budget 2026: Healey uses state-backed lenders to ramp up borrowing
John Healey has revealed plans to increase borrowing through the UK’s state-owned business lender and infrastructure bank. The Chancellor has allocated an extra £20.4bn to the country’s two major state-owned policy banks for the next five-years. The National Wealth Fund will get around £15.4bn, while the British Business Bank will receive £5bn. “I will work [...]
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