European Union Committee
Brexit: the European Investment Bank
25th Report of Session 2017-19 - published 31 January 2019 - HL Paper 269
Contents
Brexit: the European Investment Bank
Chapter 2: The EIB and its activities in the UK
Box 1: The European Investment Fund (EIF)
Figure 1: Volume of UK projects supported by the EIB since 2008
How the EIB supports investment
Provision of cheaper, long-term financing
Independent expertise and due diligence
Chapter 3: The impact of Brexit on the UK’s relationship with the EIB
Figure 2: EIB lending to the UK, 2008–2018
The return of the UK’s capital
Options for a future relationship with the EIB
Chapter 4: The consequences of losing access to the EIB
The possible replacement by the private sector
Existing UK Government support for infrastructure
The British Business Bank and SME financing
Chapter 5: Establishing a UK infrastructure bank
Renewed calls for an independent UK infrastructure institution
Box 2: National promotional banks in other developed economies
Box 3: The Green Investment Bank
The benefits of having a UK infrastructure bank
Gaining confidence from private investors
Playing a countercyclical role
Considerations for creating a UK infrastructure bank
Box 4: An overview of KfW, Germany’s state investment bank
Summary of conclusions and recommendations
Appendix 1: List of Members and declarations of interest
Evidence is published online at https://www.parliament.uk/brexit-european-investment-bank-lords-inquiry/ and available for inspection at the Parliamentary Archives (020 7219 3074).
Q in footnotes refers to a question in oral evidence.