The Financing of British Industry

Abstract

A number of schemes have recently been proposed all of which wish to channel funds into industry. One such scheme was Mr. Jack Jones's plan to form a £2 billion companies' investment fund, which, in liaison with the National Enterprise Board would channel funds into new investment. The scheme which, unfortunately, has not been published in detail has already been attacked by both Government and Opposition on the grounds that public bodies are not competent to make investment decisions, and a plan of this nature would necessitate major changes in the financing pattern of industry.

Citation

Samuels, J.M. and Goddard, C.S. (1975), "The Financing of British Industry", Managerial Finance, Vol. 1 No. 3, pp. 173-176. https://doi.org/10.1108/eb013358