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We could start clawing some of this money back by making laws which ensure that big companies pay tax in the countries where they make their money.
Companies such as Amazon, Apple, Ebay, Facebook and others are making vast amounts of money by using legal tax loopholes which allow them to pay minute amounts of tax in other countries.
The UK (and other countries)would receive huge sums of tax, which would also help smaller companies to compete on a level playing field.
I think we have all had enough of the austerity measures of the past ten years, it will be interesting to see what measures the chancellor Rishi Sunak, has up his sleeve in the Autumn budget.