UK’s Healey to Give Two State-Backed Lenders £20 Billion Capital Boost in Budget

UK's Healey to give two state-backed lenders £20 billion capital boost in budget

Britain will provide £20.4 billion ($27.3 billion) of additional capital to the state's ​business lender and infrastructure bank in ‌next week's budget, the Financial Times reported on Friday, citing the Treasury.

Validation by way of press release

According to the FT: Chancellor John Healey is to give £20.4bn of additional support to the state’s business lender and infrastructure bank in next week’s Read the full article...