Peter Kyle’s quest for UK’s first $1tn firm is honourable, but he is overselling state activism

Business secretary exaggerates role of the British Business Bank and the National Wealth Fund in nurturing firms

Jun 10, 2026 - 16:00
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Peter Kyle’s quest for UK’s first $1tn firm is honourable, but he is overselling state activism
Business secretary exaggerates role of the British Business Bank and the National Wealth Fund in nurturing firms

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