Article 640Z8 Kwasi Kwarteng could borrow for the right reasons. These are the wrong ones

Kwasi Kwarteng could borrow for the right reasons. These are the wrong ones

by
Phillip Inman
from Economics | The Guardian on (#640Z8)

Money spent on the green transition or skills would reap a dividend. But this cash is just going to the rich

The billions of pounds of extra borrowing signalled by Kwasi Kwarteng in his not-so-mini budget can be justified as long as the money isn't flushed down the toilet.

Funds for renewable energy projects or to boost skills training would generate a return over the next decade.

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