A date has been set for Chancellor Sajid Javid’s first budget on the 11th March 2020.
Mr Javid will update his cabinet on UK economy performance and forecasts before facing MP’s later on Tuesday, he has said “Billions of pounds will be invested across the country, make they plan to use low borrowing rates to spend on public services and prioritise the environment”.
Labour’s shadow chancellor John McDonnell doubted that the government would deliver its climate or investment goals.
Mr Javid told the BBC: “There will be an infrastructure revolution, over the next few years and an extra £100 billion will be invested. In the budget we will set out how we are going to take advantage of the Brexit opportunities and how we are going to help hard working people with the cost of living”.
Investing money in UK infrastructure is a good thing provided it provides exponential growth in public services improvement as well developing a globally leading tech services economy.