UK PM Johnson\'s answer to COVID-19 downturn: \'Build\, build\, build\'
UK PM Johnson's answer to COVID-19 downturn: 'Build, build, build'
Tuesday, 30 June 2020 () By William James LONDON (Reuters) - British Prime Minister Boris Johnson will set out plans to spend the economy out of its coronavirus-induced crisis with a speech on Tuesday promising to fast-track 5 billion pounds ($6.15 billion) of infrastructure investment. Britain shut down swathes of its economy for nearly three months when COVID-19 threatened to run out of control, forcing the government to borrow tens of billions of pounds to keep companies afloat and limit job losses. Now, as business gradually restarts,...
Tuesday, 30 June 2020 ()
By William James LONDON (Reuters) - British Prime Minister Boris Johnson will set out plans to spend the economy out of its coronavirus-induced crisis with a speech on Tuesday promising to fast-track 5 billion pounds ($6.15 billion) of infrastructure investment. Britain shut down swathes of its economy for nearly three months when COVID-19 threatened to run out of control, forcing the government to borrow tens of billions of pounds to keep companies afloat and limit job losses. Now, as business gradually restarts,...