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Javid says he is 'turning the page on austerity'

Javid says he is 'turning the page on austerity'
Britain's Chancellor of the Exchequer Sajid Javid is seen outside Downing Street in London, Britain, September 4, 2019. REUTERS/Hannah McKay -
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LONDON (Reuters) – British finance minister Sajid Javid said he was “turning the page on austerity” as he began a speech announcing spending increases for the first financial year after Britain’s scheduled exit from the European Union.

“A new economic era needs a new economic plan and today we lay the foundations with the fastest increase in day-to-day spending in 15 years,” Javid said in parliament on Wednesday.

(Reporting by Andy Bruce; Writing by William Schomberg)

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