Would you put your savings into a fund that financed the NHS?

Labour says there is no money to invest in schools, hospitals, transport and energy infrastructure. But hundreds of billions of savings lie idle in bank accounts. Suppose they were saved with the government to fund investment in these projects. Those savings could provide all the money needed to transform our economy. So why is no political party offering to do this?

ABOUT RICHARD MURPHY
Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best known book is ‘The Joy of Tax’.

This video was edited by Thomas Murphy.

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