A new public funding model – politicalbetting.com

A new public funding model – politicalbetting.com

With UK government borrowing at an estimated £120 billion a year it is clear that tax-and-spend will no longer work in terms of investing in order to generate growth. The Covid pandemic saw governments across the globe borrow through Quantitative Easing (QE) in order to finance the extraordinary situation. The UK government borrowed some £400 billion in order to get through the crisis mostly via QE. Very little of that money was invested for the…