Well, they’ve ruled out austerity v2, they have a massive debt problem, Brexit is going to hammer tax revenues, so the other option is raising income tax on lower income workers.
Or use the recession as an excuse for the BoE to print a fuckton of new money and buy government bonds. It's not as though inflation is going to be something to worry about for some time.
Well, they’ve ruled out austerity v2, they have a massive debt problem, Brexit is going to hammer tax revenues, so the other option is raising income tax on lower income workers.