Johnson vows ‘new deal’ to rebuild post-virus UK


Reprising spending pledges he made before December’s general election, the prime minister will announce the acceleration of £5bil (US$6.2bil) of investment in roads, schools and hospitals and promise to publish a strategy for further capital spending in the fall.

LONDON: Boris Johnson will commit to spending on infrastructure to rebuild the coronavirus-ravaged UK economy in a major policy speech and say that balancing the books must wait until recovery is secure.

Reprising spending pledges he made before December’s general election, the prime minister will announce the acceleration of £5bil (US$6.2bil) of investment in roads, schools and hospitals and promise to publish a strategy for further capital spending in the fall.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Boris Johnson , economy , post-virus , UK ,

   

Next In Business News

Lagenda Properties' unit secures contract worth up to RM99.6mil
Icon Offshore secures four key agreements to drive portfolio growth and expansion
RHB, CGC ink Malaysia’s first LCTF portfolio guarantee agreement, valued at RM400mil
Solarvest secures RM142mil solar EPCC contract in Kedah
Allianz Malaysia posts 7.4% lower earnings of RM183.17mil in 3Q
Tex Cycle eyes M&A, ESG market expansion
Ringgit retreats after three days of gains
Sarawak Plantation posts 14.5% profit jump in 3Q, declares 15 sen dividend
MAHB raises RM1.6bil in oversubscribed sukuk wakalah
MNRB appoints Rudy as interim president & CEO

Others Also Read