2026-05-12 08:57 UTC
Today's Common Weal Daily Briefing
The Scottish National Investment Bank's latest investment in housing looks more like a financial pump-and-dump scheme than anything that will help tenants or fix the housing emergency.
https://www.commonweal.scot/daily-briefings/briefing-c46ck
#ScottishPolitics #ScotPol #Housing #Rent
Replies (1)
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@simon_brooke@mastodon.scot 2026-05-12 09:20
@thecommongreen@mastodon.scot Serious question: is there any evidence of cycling of either directors or staff between #SNIB and these apparently unlikely recipients of their investments? Something stinks here. Of course, if you appoint bankers as directors of your National Investment Bank, it's not surprising that the investments they make favour other bankers, but surely this has now become a reason for dismissing the entire board, or liquidating the bank completely. This is no first offence. #ScotPol