Since incentives are already provided by the government, simple rule changes could encourage savers towards Green New Deal bonds. For example, if an interest rate of 1.5 per cent or more was paid on such bonds with a government guarantee being provided, then the £70bn that goes into Isas each year could be directed towards the Green New Deal.
1.5% interest rate.
The current inflation rate is 1.7%.
Ritchie wants people to lose money on their pension investments.