LONDON (Reuters) – British Prime Minister Boris Johnson said he planned to double down on his plans to increase public investment and a return to austerity would be a mistake as the country tries to recover from the coronavirus hit to the economy.
Johnson told Times Radio on Monday that he wanted a “Rooseveltian” approach to the economy, a reference to former U.S. President Franklin D. Roosevelt whose “New Deal” programme helped the United States recover from the Great Depression.
(Reporting by Guy Faulconbridge and Kate Holton; Writing by William Schomberg, editing by Andy Bruce)
