This is simply untrue. We are doing £60 billion of QE this year. It’s the wrong sort of QE. If People’s or Green QE was done instead all the funding required would be available, and there is substantial evidence that this pays for itself if invested into infrastructure by so boosting economic activity that tax can be recovered from the additional output generated to very rapidly cover the borrowing. It is dogma alone in that case that will prevent the investment in infrastructure this country so desperately needs.