Boris Johnson Vows Big Spending, Rejects Economic Austerity
- Chancellor Sunak to lead building, infrastructure task force
- Johnson tells Mail U.K. must ‘build our way back’ from crisis
Boris Johnson departs 10 Downing Street on June 24.
Photographer: Justin Tallis/AFP via Getty Images
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Prime Minister Boris Johnson vowed the U.K. will spend large sums on hospitals, schools and roads to jump-start the economy as it emerges from the coronavirus lockdown that has plunged the country into what may be the worst recession in three centuries.
In an interview in the Mail on Sunday Johnson rejected a return to the austerity policies that followed the 2008 financial crisis and said the country will “build our way back” from the crisis through “shovel-ready” projects.