The whole of Labour's 2019 manifesto would have cost £20 billion less than the moonshot. It still would. The money is always there. Always.
A sovereign state with its own free floating, fiat currency has as much of that currency as it chooses to issue to itself, and readily available fiscal and monetary means of controlling any inflationary effect.
These basic facts may be lost on Keir Starmer and his donkey; I cannot remember the name of the Shadow Chancellor, and I have no intention of looking it up.
But they are understood by the Government, which of course has to spend, spend, spend in order to hold on to the Red Wall on which it is electorally dependent.
Therefore, while Labour wants to remain subject to the State Aid rules of Margaret Thatcher's European Single Market (but no longer wants to re-join the institutions that make those rules), the Government now wants to be free of them.
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