On this week's #TrendingTreasury​ Nicholas Keeling hosts a discussion with Mark Dennison from Eversheds Sutherland about the possibilities arising from the creation of the National Infrastructure Bank. Local authorities are clearly seen as part of the solution to boost infrastructure spending, with around a third of the initial £12bn of the bank’s capital being deployed through the sector. As well as accessible and flexible funding, the bank is also set to act as an intermediary and advisor to build the partnerships necessary to enable delivery of this much needed investment.
Mark and Nick discuss what we know about the bank so far, the differences from more traditional sources of local authority funding, the types of infrastructure to be targeted and the ways in which local authorities and developers could partner together to meet investment needs.