Tax and Fiscal Policy

Labour’s recovery bond is unnecessary


Julian Jessop quoted in City AM

Sir Keir Starmer has called for the establishment of a UK recovery bond to help raise money to invest in public services and communities across Britain.

Responding to the Labour’s policy announcement in City AM, IEA Economics Fellow Julian Jessop said he struggled to see the point of a recovery bond arguing: “People can already buy gilts and National Savings, or invest in UK businesses using private vehicles”.

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