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 - Copyright HANNAH MCKAY(Reuters)

By Reuters

Published on 04/09/2019 - 14:34•Updated 19/04/2024 - 03:39

Comments

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.