Wednesday, 28 October 2026

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Business

The chancellor’s pet PuFins have an important role – but they need more scrutiny | 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 essentialTwo winners in the budget are known already. They are the National Wealth Fund (NWF) and the British Business Bank (BBB), state-funded investment bodies that have rapidly become central to the government’s growth strategy.Former chancellor Rachel Reeves…

An Office for Budgetary Responsibility for public financial institutions like the National Wealth Fund and the British Business Bank is starting to look essentialTwo winners in the budget are known already. They are the National Wealth Fund (NWF) and the British Business Bank (BBB), state-funded investment bodies that have rapidly become central to the government’s growth strategy.Former chancellor Rachel Reeves…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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