TUC: Green Investment Bank sale is missed opportunity for green economy
21 Apr 2017 01:13 PM
Commenting on the announcement yesterday (Thursday) that the government will sell the publicly-owned Green Investment Bank (GIB) to the Macquarie Group, TUC General Secretary Frances O’Grady said:
“The sale is a missed opportunity for Britain to create the green economy we need, and to catch up with our competitors on investment in infrastructure.
“It’s been a great success supporting green jobs by attracting billions of pounds for green infrastructure. And it’s been a great success for taxpayers, who have found themselves in possession of a valuable asset.
“It’s a shame that such a successful investment bank will no longer be boosting the public purse, but will be lining corporate pockets instead.”
Notes to Editors:
Contacts:
Press Office T: 020 7467 1248 E: media@tuc.org.uk
Alex Rossiter T: 020 7467 1285 M: 07887 572130 E: arossiter@tuc.org.uk
Tim Nichols T: 020 7467 1388 M: 07808 761844 E: tnichols@tuc.org.uk
Elly Gibson (Mon to Thurs) T: 020 7467 1337 M: 07900 910624 E: egibson@tuc.org.uk
Michael Pidgeon T: 020 7467 1372 M: 07717 531150 E: mpidgeon@tuc.org.uk