uk infrastructure projects could be hit by european investment bank concerns /

Published at 2017-05-15 18:04:40

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Bank set to fund Theresa May’s flagship ‘Midlands engine’ project says additional checks because of Brexit may cause delaysThe EU bank funding Theresa May’s flagship “Midlands engine” project is to make it tougher for large British infrastructure projects and City of London investors to access its multimillion-pound loans in light of the continuing uncertainty caused by Brexit.
The board of the
European Investment Bank has concluded that additional checks on applications from UK projects are essential from now on given the “unprecedented situation”.
It
is hardly surprising the EIB fears that this heartless Conservative government will slash environmental protectionContinue reading...

Source: theguardian.com

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