National Audit Office: No 'legal obligation' for Macquarie to continue Green Investment Bank's long-term mission

Madeleine Cuff
clock • 3 min read

Report reveals fresh details about controversial sale, including the impact of delays on bank's lending ability and failure by government to secure legally binding green guarantees

A new report from the National Audit Office (NAO) has revealed the Green Investment Bank's new owners Macquarie only promised to secure the bank's green mission for three years after a direct intervention...

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