LONDON (Reuters) – British finance minister Sajid Javid will deliver the government’s first post-Brexit budget on March 11, promising more investment to help voters who gave Prime Minister Boris Johnson a sweeping election win last month.
FILE PHOTO: Britain’s Chancellor of the Exchequer Sajid Javid is seen at Downing Street in London, Britain, December 16, 2019. REUTERS/Hannah McKay
During the campaign, Javid said he would take investment spending to almost double its historic average as he sought to show voters that a decade of tight budget controls was ending.
“People across the country have told us that they want change. We’ve listened and will now deliver,” Javid said in a on Tuesday, promising “a decade of renewal” and a levelling up of opportunity around the country.
Johnson won a big majority in parliament, paving the way for Britain to leave the European Union on Jan. 31. In the hours after his victory, Johnson said he would not disappoint voters who had switched to the Conservatives in traditionally Labour-supporting areas of northern and central England.
The finance ministry said Javid would use low borrowing costs to boost investment, helping the Conservatives meet campaign promises of up to 20 billion pounds a year in extra investment in