Not so, the government never needs to borrow from PE. As a currency issuer it always has the funds for any government projects. For government its a political choice.
MMTActionGreen Party manifesto time. You'll hear "how do we pay for it" on climate, housing, public transport. The answer isn't magic. It's currency issuer economics. The UK government creates GBP. Spending creates money; taxes destroy it. #MMT #GreenParty #UKGreens #Economics #UKPolitics