By Reuters
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MANCHESTER, England (Reuters) - British finance minister Sajid Javid said a new Conservative government would introduce a fiscal rule allowing it to spend billions of pounds more on infrastructure up to 3% of annual economic output.
Javid, who said it was a responsible time to invest in the country, said he would keep a balanced current budget for day-to-day spending, but would borrow more to invest.
He said investment in long-term projects like road and rail would not exceed 3% of gross domestic product.
(Reporting by Kylie MacLellan and William Schomberg; writing by Kate Holton)
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