Robert Skidelsky, an economic historian, is pushing for the creation of a national investment bank in the U.K. to strengthen economic growth and service pension funds. The proposed bank could use money “now languishing” in idle balances to support long-term infrastructure investments that would amount to more than the government’s upfront outlay, Financial Times reports.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.