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Sajid Javid pledges to turn the page on austerity with spending spree – Evening Standard, Standard.co.uk

Sajid Javid pledges to turn the page on austerity with spending spree – Evening Standard, Standard.co.uk


        

          

                              

  

         

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The Chancellor today signalled looser borrowing rules to fund a surge in national infrastructure spending and promised to “turn the page on austerity”.

                                                                                                                                                

Sajid Javidused his first spending statement to announce a review of the fiscal framework this autumn as part of plans for “a new decade of renewal”.

                                                                                                                                                   

Mr Javid vowed to “keep control of our national debt”, an apparent shift from his predecessors ’pledges to reduce debt steadily. The language suggested new rules reflecting the rock-bottom cost of borrowing will be announced in his autumn Budget.

                                                                                                                                                         

He said: “We are turning the page on austerity and beginning a new decade of renewal.

                                                                                                                                                

“A new economic era needs a new economic plan and today we lay the foundations with the fastest increase in day-to-day spending in (Years. ”)                                                                                                                                                                         

        

            ChancellorSajidJavid: I’m not expecting a recession         

    

The Chancellor was twice rebuked by Speaker John Bercow for making party political criticism of Labor during his statement – prompting Boris Johnson to shake his head at the intervention.

                                                                                                                                                

With an eye on a likely early general election, Mr Javid put hard cash behind populist increases totalling £ 13 .8 billion promised for voter-friendly areas like health, schools and policing, calling them “people’s priority”.

                                                                                                                                                            

Insisting the UK would be ready to leave the EU, with or without a deal, Mr Javid confirmed an additional £ 2 billion for Brexit delivery. “Deal or no deal, I’m confident that our best days lie ahead.”

                                                                                                                                                

For London, he unveiled more money to ease the homelessness crisis, announcing £ 54 million of additional funding to help get people off the streets and into safe accommodation.

                                                                                        

Promises included:

                                                                                        

  • An extra £ 750 million for the Home Office to fund the first year of 20, 000 extra police officers, along with more prison places and measures against child sexual exploitation.
  • Upgrades for 20 hospitals and research into artificial intelligence to detect cancer as part of a £ 6.2 billion increase in NHS funding next year. Councils will access £ 1.5 billion of new social care funding.
  • Some £ 7 billion for schools to boost funding per pupil to a minimum of £ 5, 000 in secondary schools and £ 4, 000 in primary schools, including £ 700 million more for special needs and £ (million for 16 – 19 year-olds’ education.
  • London will “significantly benefit” from the 13 per cent increase announced for homelessness schemes because more than one in four of the UK’s rough sleepers are to be found on the capital’s streets.
  • Government officials said it would pay for five hubs working with rough sleepers, create more beds and deliver both emergency help and long-term support.

                                                                                                                                                                                                                                                                    

        

                   

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