Mmastodon BusinessBusiness first seen 1 d ago, last 1 d ago, peak #4
Guardian calls for scrutiny of UK's public financial institutions
Original: The chancellor’s pet PuFins have an important role – but they need more scrutiny By Nils Pratley An Office for Budgetary
Nils Pratley argues in the Guardian that the UK chancellor's favoured public financial institutions, including the National Wealth Fund and the British Business Bank, play an important role but need greater scrutiny. He suggests an Office for Budgetary Responsibility for these bodies is starting to look essential, as the Treasury increasingly relies on them to deliver investment without their spending being fully assessed.
Why now: Debate over UK fiscal rules and the chancellor's use of off-balance-sheet public financial institutions is active ahead of budget scrutiny.
Nils PratleyThe GuardianNational Wealth FundBritish Business BankUK Treasury
Evidence
- The chancellor’s pet PuFins have an important role – but they need more scrutiny By Nils Pratley An Office for Budgetary Responsibility for public financial institutions like the National Wealth Fund and the British Business Bank is starting to look essential https://www.… · guardianfeeds@rssfeed.media · 1
API: https://socialmediatrends-api.osmike.com/v1/trends/3898745