I agree, a major crash like that and the bank gets broken to fix it.
You're a CPL so we both know such crashes are a manageable risk. BA038 was bloody close though! Risk is part of life, and I won't defend the isses you raise there as you're spot on. We only disagree on your ideal being unaffordable given austerity and debt.
Incidenally, the only B747 crash in the UK was into a field near Stansted!