‘Borrowing for investment’ – how Labour will go big by aping the EU’s InvestEU and creating more PFI
Picture from Global Britain’s blog
Published on 27th May 2025
LABOUR’S new ‘iron’ fiscal rules will open the floodgates to ‘borrowing for investment’, under the Government’s new measure of the national debt, called ‘Public sector net liabilities’.
That is the message of my paper ‘‘Borrowing for investment’ – what is meant by this statement in theoretical terms’ published […]