Zack Polanski says Green plan would reduce UK debt
Updated
Updated · Bloomberg · May 6
Zack Polanski says Green plan would reduce UK debt
8 articles · Updated · Bloomberg · May 6
Speaking on BBC Radio 4 before England-wide local elections on Thursday, the Green Party leader said the plan would also cut UK borrowing costs.
Polanski argued markets would back borrowing tied to a clear strategy because investors could see returns and money flowing back into the economy.
He said tackling the climate crisis and reducing inequality were central to the approach, as the Greens are forecast to make strong local election gains.
Could the Green Party's radical tax and fiscal reforms actually lower UK borrowing costs, or might they trigger capital flight and market turmoil?
How might shifting fiscal oversight from the OBR to 'fiscal referees' reshape market confidence in the UK's economic management?
Will rent controls and wealth taxes deliver real relief for ordinary Britons, or could they backfire by reducing housing and investment?