Merryn Somerset Webb
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Podcast Appearances
Can we provide more tax-efficient wrappers to enable people to put their money towards UK companies rather than overseas ones?
Oh, yes, we can do that.
We should do that.
I would work all of those channels, to be honest, because, as you know, this is many trillions of pounds
parked up in either overseas equities or in cash, none of which is starving UKPLC of the financial fuel it needs and all those kelts and thoroughbreds to grow into unicorns.
So part of this is financial and fixable because here's the irony.
The money is there.
The money is there, right?
But the plumbing to get that money into our businesses, which is the same thing as saying growth tomorrow, isn't there.
So that's a re-plumbing problem.
We can solve plumbing problems.
With a political will.
With a political will, we can solve plumbing problems.
If the money wasn't there, I'd be far less optimistic.
But the money is there.
It's even here at home.
It's actually here at home as well.
We have the businesses.
We have the money to finance the businesses.
We replund the system.