Episode Details

Scotland’s National Investment Bank is facing scrutiny after a damning report revealed £110 million in losses over just five years — despite a £2 billion launch fund meant to fuel green energy, innovation, and economic equality. Three CEOs have come and gone, and high-profile bets on firms like Circularity Scotland, M Squared Lasers, Trojan Energy, and Orbex have faltered. While some experts argue such losses are expected for a startup development bank backing risky ventures, the scale is still alarming. The review urges leadership to learn from missteps and secure long-term funding beyond 2030 — even as the bank has already poured over £1 billion into Scottish businesses and vows to grow its balance sheet by attracting private investors.

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