UK economy in the wake of the coronavirus pandemic. In a speech in the Midlands on Tuesday the Prime Minister is promising to splash £5 billion to dig the country out of the recession caused by the coronavirus lockdown.
With forecasts of staggering unemployment and a sluggish recovery from the three months of economic closure the Prime Minister is due to announce a “New Deal” which delivers jobs, skills and infrastructure.In an echo of 1970s football pools winner Vivian Nicolson’s promise to “spend, spend, spend” the Prime Minister will promise to “build, build, build” the economy.The Prime Minister will announce that we bring forward £5 billion of capital investment projects in schools and hospitals and schools across the Midlands and.