UK KfW: right answer, wrong question
Plans for a UK version of KfW are intriguing, but the government is missing the point. British industry is not thirsting for cheaper funding or easy credit. What a properly run small business bank could bring to Britain is something much more valuable.
Why doesnt the UK have a development bank like Germanys KfW? Its a question many in the capital markets must often have asked and its a good one. Now George Osborne, chancellor of the exchequer, has begun to offer an answer.On Sunday he announced plans for a ...
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