Brexit bonus: Both Tories and Labour pledge lavish borrowing

The next government will borrow more and spend more – if either of the two big parties win the election. (Subscribe: https://bit.ly/C4_News_Subscribe)

The Conservatives and Labour have both announced plans for massive increases in spending on infrastructure and public services – funded by more borrowing.

The Shadow Chancellor John McDonnell said under Labour there would be “Investment on a scale never seen before”.

The Chancellor Sajid Javid claimed the Conservatives would bring about an “infrastructure revolution”.

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In This Story: Brexit

Brexit is the name given to the United Kingdom’s exiting the European Union, which happened on 31 January 2020, following a narrow “Leave” referendum result in a June 2016 vote on EU Membership which took place in the country. News items related to Brexit are posted, below, chronologically, with the most recent items at the top, from a variety of outlets.

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In This Story: Sajid Javid

Sajid Javid is a British politician who has been Secretary of State for Health and Social Care since June 2021. He was Home Secretary from 2018 to 2019 and Chancellor of the Exchequer from 2019 to 2020. A member of the Conservative Party, he has been Member of Parliament for Bromsgrove since 2010.

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