LONDON (Reuters) – New British finance minister Sajid Javid said on Tuesday he will announce an increase in public spending on health, education and the police next week, but he will stick with the budget rules drawn up by his predecessor.
Javid said he would deliver his first Spending Round announcement on Sept. 4 in order to “clear the decks” and focus the government after that on Britain’s scheduled departure from the European Union on Oct. 31.
Thanks - Work - People - Decade - People
“Thanks to the hard work of the British people over the last decade, we can afford to spend more on the people’s priorities, without breaking the rules around what the government should spend, and we’ll do that in a few key areas like schools, hospitals and police,” Javid wrote in the Daily Telegraph.
“It’s vital that we continue to live within our means as a country,” he said. “So I can confirm that next week’s spending round will be delivered within the current fiscal rules.”
Promises - Spending - Prime - Minister - Boris
The promises of higher spending by new Prime Minister Boris Johnson have raised speculation that he might call a snap election soon to break the deadlock in parliament over Brexit.
Javid said earlier this month that he...
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