UK institutions and system
Much ado about PuFins: How the UK’s public financial institutions can unlock billions for investment
What it examines
Maps the expansion of UK public financial institutions and examines investment options under the fiscal rules. The authors recommend additional National Wealth Fund capital and question the case for institutions issuing their own bonds.
Why it matters
Connects the size, funding and role of several UK public financial institutions in one analysis.
Institutions and themes
Catalogue entry reviewed 17 September 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.