by Felicity Collier
THE Tories sold off the publicly owned Green Investment Bank (GIB) to a tax-dodging Australian firm yesterday in a deal worth £2.3 billion.
The deal was struck with the notorious Macquarie Bank, which earned the nickname the “Vampire...
Friday 21st Apr 2017
posted by Morning Star in Britain
CAROLINE LUCAS urged the Tory government yesterday to halt the sale of the Green Investment Bank (GIB) to tax-ducking Macquarie or face killing it off.
The Green Party co-leader raised the issue in the Commons, speaking out against the...
Thursday 12th Jan 2017
THE government revealed yesterday that it has begun the process of selling its majority stake in the Green Investment Bank to profiteers.
Business Secretary Sajid Javid plans to bring private capital into the bank, which was launched in an effort to kick-start green infrastructure...
Friday 26th Jun 2015
posted by Lamiat Sabin in Britain
SAJID JAVID’S announcement that the government has engaged Bank of America Merrill Lynch to advise on a sell-off of most of the Green Investment Bank (GIB) is a national disgrace.
His claim that the bank’s current profitability justifies its sale to the private sector...
posted by Morning Star in Editorial