Despite the election promises, how easy is it to spend £55bn?

The Telegraph | Nov 13, 2019 at 2:32 PM
  • Imagine Labour’s £55bn a year investment plans for the UK economy as an impossibly high tower of pound coins and the truly astronomical scale of the spending hits home.
  • Politicians across the party divide agree the UK should take advantage of historically low international borrowing costs, but they also warn that a hurried spending spree could cost dearly.
  • Simply throwing around money without building capacity leads to “sub-optimal” outcomes, while builders have only relatively recently geared up more modern innovations like off-site construction.