We are all busy enough dealing with the immediate needs of our companies, but when we do look at forward planning it’s a good chance to sit back and think through more than the usual risks of rates going up or down x% and consider any major step changes. For our businesses there could be dramatic developments through emographics, climate change, depletion of world resources or whatever, and in our own financial world what might be the shape of the future funding? The HM Treasury paper on nonbank funding is an interesting starting point since it may be that banks will no longer be the mainstream providers of drawn funding for UK businesses.