But, just imagine three things. Just suppose £28 billion had been invested into the UK economy instead of lent to it? think how much more robust the economic recovery would be in that case.
Second, imagine that this was now a National Wealth Fund run by a National Wealth Service – investing for the future of this country. How much easier would that be to explain?
And third, suppose that this money had been used to leverage:
Commitments to a green transition;
A commitment to paying a real living wage;
The better representation of employee interests on boards;
A commitment to full accounting for tax on public record;
An end to the use of tax avoidance schemes.
The interesting question being, are those things that would make us wealthier?