The
GIB
was
launched
last
month
with
an
initial
£3bn
($4.8bn)
to
support
low-carbon
growth,
with
offshore
wind
named
as
an
early
priority
area.
The
GIB
was
initially
barred
from
assuming
full
borrowing
powers
until
2015
–
which
many
see
as
crucial
to
it
achieving
the
firepower
needed
to
make
a
real
impact
–
to
avoid
adding
to
the
national
debt.
But
UK
finance
minister
George
Osborne
today
admitted
the
UK
will
not
hit
its
debt
reduction
targets
until
a
year
later.
The
UK
Association
for
Consultancy
and
Engineering
(ACE)…
