UK's Javid says he will spend more on services, but keep budget rules

LONDON (Reuters) - New British finance minister Sajid Javid said on Tuesday he will announce an increase in public spending on health, education and the police on Sept. 4, but he will stick with the budget rules drawn up by his predecessor.

Reuters August 28, 2019 04:05:28 IST
UK's Javid says he will spend more on services, but keep budget rules

UKs Javid says he will spend more on services but keep budget rules

LONDON (Reuters) - New British finance minister Sajid Javid said on Tuesday he will announce an increase in public spending on health, education and the police on Sept. 4, but he will stick with the budget rules drawn up by his predecessor.

"It's vital that we continue to live within our means as a country," Javid said in an article for the Daily Telegraph newspaper. "So I can confirm that next week's spending round will be delivered within the current fiscal rules."

(Reporting by William Schomberg; Editing by Sonya Hepinstall)

This story has not been edited by Firstpost staff and is generated by auto-feed.

Updated Date:

TAGS:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Fed-up Lesbos islanders, migrants stuck waiting for Europe to decide
World

Fed-up Lesbos islanders, migrants stuck waiting for Europe to decide

By Lefteris Papadimas LESBOS, Greece (Reuters) - Crisis-weary residents of the Greek island of Lesbos and the thousands of migrants stranded there after this week's refugee centre fire are united by one thing - they all want to see the migrants moved off the island.

Shell halts offshore drilling as U.S. Gulf Coast braces for hurricane
Business

Shell halts offshore drilling as U.S. Gulf Coast braces for hurricane

HOUSTON (Reuters) - Royal Dutch Shell Plc began shutting some of its offshore drilling operations on Sunday in preparation for Tropical Storm Sally, forecast to become a hurricane before making landfall on Tuesday, the company said. Shell's offshore production was unchanged and all personnel remained on production platforms, company spokeswoman Cynthia Babski said. Energy producers and communities along the U.S.

Once an American foe, now a friend: OPEC turns 60
Business

Once an American foe, now a friend: OPEC turns 60

By Alex Lawler LONDON (Reuters) - In 1973, Arab members of the Organization of Petroleum Exporting Countries brought the U.S.