From Reuters: "Corbyn, by contrast, wants to borrow more now to spend on housing, transport and high-speed internet. Part of this could be funded by requiring the BoE to create money and fund a new National Investment Bank at times of economic stagnation."
"By making the BoE central to funding investment, which raises concerns about the Bank's credibility and higher inflation, Corbyn may have complicated his message, according to Martin Beck, an economist with consultancy Oxford Economics."
"'It is very easy for the Conservatives to now say the only way you can get more investment is to go down this crazy route of crazy money,' Beck said. "Connecting those two may have undermined the case for more investment."