Macroeconomics: UK economy, IB Economics
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Macroeconomics: UK economy, IB Economics
A brief overview of relevant articles for IB and A-Level all relating to the UK economy
Curated by Graham Watson
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Scooped by Graham Watson
July 10, 2024 8:26 AM
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What is the national wealth fund and what will it invest in? | Economic policy | The Guardian

What is the national wealth fund and what will it invest in? | Economic policy | The Guardian | Macroeconomics: UK economy, IB Economics | Scoop.it
A key pledge in the Labour manifesto, the fund was launched by the new chancellor, Rachel Reeves
Graham Watson's insight:

Another simple explainer, this time looking at the Labour Party's manifesto pledge to establish a National Wealth Fund. The article looks the aim of the policy, which is to increase investment in infrastructure, and represents an attempt to reinvigorate the already-existent British Business Bank.

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Scooped by Graham Watson
September 25, 2023 2:19 AM
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State-owned British Business Bank makes £147m annual loss

State-owned British Business Bank makes £147m annual loss | Macroeconomics: UK economy, IB Economics | Scoop.it
The bank says wider economic problems led to a drop in the valuation of businesses it has invested in.
Graham Watson's insight:

This is an interesting story - not so much for the fact that the British Business Bank has made a £147m loss, but because it raises questions about whether there's a role for the state to play in financial markets.

 

Why does the British Business Bank have to support businesses, when there are already well-developed financial markets? And some of the firms it has invested are are interesting to say the least.

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