UK's Boris Johnson says he will double down on spending plans

British Prime Minister Boris Johnson said he planned to double down on his plans to increase public investment and a return to austerity would be a mistake as the country tries to recover from the coronavirus hit to the economy.

Agencies
LONDON: British Prime Minister Boris Johnson said he planned to double down on his plans to increase public investment and a return to austerity would be a mistake as the country tries to recover from the coronavirus hit to the economy.

Johnson told Times Radio on Monday that he wanted a "Rooseveltian" approach to the economy, a reference to former U.S. President Franklin D. Roosevelt whose "New Deal" programme helped the United States recover from the Great Depression.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › Business › UK's Boris Johnson says he will double down on spending plans
Text Size:AAA
Success
This article has been saved

*

+