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Home Banking UK energy crisis calls for rethink on private debt mobilisation, and more

UK energy crisis calls for rethink on private debt mobilisation, and more

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UK energy crisis calls for rethink on private debt mobilisation By Burhan Khadbai

The UK faces a daunting task in raising the cash needed to fund its ambitious energy package over the next two years, capping the cost of household energy bills. One way the DMO could ease its debt burden is by shifting some of the borrowing to the private sector, such as through government-guaranteed loans via energy companies. But experts are sceptical about how effective this could be. However, mobilising private debt resources should be a priority for the UK.

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