Kate has a (delayed) plan...
https://www.insider.co.uk/news/forbes-reveals-plans-publish-delayed-25990747
But who will invest cash in the SNIB with the SGs record in business intervention? The risk rating on those bonds will not be AA..
https://www.thetimes.co.uk/article/scottish-national-investment-bank-needs-private-cash-to-top-up-2bn-funds-gs90p0k79
what does this have to with what i posted? I don't think the SNIB will ever be investing 27bn on a single project in a single year. This is not about the SNIB
scottish government doesn't have the powers to borrow the billions required to fund a publicly owned venture like the article suggests
Edit to add.. the SG can issue govt bonds too. Not at UK rates though!
@gillies started
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Kate has a (delayed) plan...
https://www.insider.co.uk/news/forbes-reveals-plans-publish-delayed-25990747
But who will invest cash in the SNIB with the SGs record in business intervention? The risk rating on those bonds will not be AA..
https://www.thetimes.co.uk/article/scottish-national-investment-bank-needs-private-cash-to-top-up-2bn-funds-gs90p0k79