The UK Infrastructure Bank's governance framework and operational independence are under review by HM Treasury and Parliament, particularly regarding how the Bank manages competing demands from government departments and maintains its investment decision-making autonomy. The Bank operates with an Accounting Officer and Board structure intended to ensure independence, but faces pressure from overlapping departmental policy priorities, especially with the Department for Business, Energy and Industrial Strategy. The issue is currently active with ongoing scrutiny of governance mechanisms and the Bank's ability to balance development finance objectives with government policy alignment.
This document provides the legal structure for the UK Infrastructure Bank to provide guarantees.
This document, published at Budget 2021, outlines details on the mandate and design of the UK Infrastructure Bank.
This document sets out the accountabilities and relationships between the UK Infrastructure Bank (UKIB), the Shareholder (HM Treasury) and the Shareholder Representative (UK Government Investments).
Keepwell agreement between HM Treasury and the UK Infrastructure Bank.
Notification of the parameters and contingent liability arising from UK Infrastructure Bank’s (UKIB) guarantees
This document outlines further detail on the mandate and design of the new UK Infrastructure Bank ahead of its launch later in spring 2021.