He urged SNIB to build on what worked and told the Committee—
It has been copied around the world, most recently by the British Business Bank.iOR, 28 May, Col 6
Mariana Mazzucato invoked Keynes’ animal spiritsiA phrase coined by Keynes and defined by The Economist as “one of the essential ingredients of economic prosperity: confidence.”, suggesting the central role of SNIB was to provide direct finance “in mission-orientated areas in order to create a new landscape in which there is increased business investment afterwards”.