The British Investment Bank (BIB)

Roy Hattersley

Chapter 10 in Economic Priorities for a Labour Government, 1987, pp 128-139 from Palgrave Macmillan

Abstract: Abstract For British companies successfully to compete in international markets, the Government of the day needs to do more than exhort them to greater effort. It is the Government’s duty to create the conditions in which the competitiveness of British industry can be improved. One crucial step would be the provision of access to long-run investment funds on terms comparable with those enjoyed by their competitors in the major industrialised countries of the West. Britain, almost alone amongst the industrialised states of Europe, lacks an institution which offers substantial amounts of medium- and long-term credit — very often at preferential interest rates to special category customers. Only Investors in Industry (3is) offers anything like a comparable service, operating at only one tenth of the scale of its German or French counterpart.

Keywords: Project Plan; Cash Flow Forecast; Industrial Investment; Economic Priority; Major Industrialise Country (search for similar items in EconPapers)
Date: 1987
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18608-2_10

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349186082

DOI: 10.1007/978-1-349-18608-2_10

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().