ChatterBank2 mins ago
Debt Rule To Change To Fund Major Projects
//At the moment, the amount of money the government can borrow for investment is restrained by the amount of debt it has.
There is a self-imposed rule that debt – the total amount the government owes – must fall in five years’ time.
But the Treasury has effectively confirmed it will loosen the target in order to borrow billions more to invest in a range of major projects.//
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The government will borrow billions more. What could possibly go wrong?
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No best answer has yet been selected by naomi24. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.how will we pay it off with such low productivity? we have crappy public transport, rubbish wifi and fake 5g. schools in parts of the country are literally falling apart because of poor maintenance. you can't spend your way to growth but you can't cut your way to it either... britain's infrastructure needs improving.
none of those things will make the uk's economy more productive
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