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World

With interest rates crashing, Boris is in luck – he can borrow his way out of any Brexit crisis

10 August 2019

4:30 PM

10 August 2019

4:30 PM

Is Boris Johnson the luckiest prime minister ever? This week, the Government can borrow money for ten years at 0.48 per cent and for thirty years at 1.16 per cent. At these rates, it would irresponsible not to borrow more.

The age of austerity can be brought to an end at exactly the same moment we leave the EU, opening up vast new opportunities for investment in infrastructure and public services.

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