conservativehome.com: Why Britain needs a sovereign wealth fund now more than ever
By Lord Wei of Shoreditch on 19 September 2021
Posted in In the media and tagged with conservativehome, COVID-19, National Fund, National Insurance, resilient Britain, social care, sovereign wealth fund, tax
The recent furore over National Insurance and social care has once again brought into focus the lack of resilience of our public finances. Putting aside the large National Debt we have and the deficit, or the vast amount of QE driving up asset prices everywhere, we seem to be endlessly stuck in a loop whereby taxes have to rise after global events such as pandemics, war, or financial crises.
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