September 4, 2019 / 12:09 PM / 11 days ago

UK finance minister Javid says he is "turning the page on austerity"

LONDON, Sept 4 (Reuters) - British finance minister Sajid Javid said he was “turning the page on austerity” as he began a speech announcing spending increases for the first financial year after Britain’s scheduled exit from the European Union.

“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 15 years,” Javid said in parliament on Wednesday. (Reporting by Andy Bruce Writing by William Schomberg)

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