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‘Build, build, build’: PM channels 1930’s US ‘new deal’ with coronavirus recovery plan

‘Build, build, build’: PM channels 1930’s US ‘new deal’ with coronavirus recovery plan

Business
Boris Johnson will attempt to mark a new phase in the coronavirus response on Tuesday by setting out plans for an "infrastructure revolution" to create jobs and stimulate an economic recovery.The prime minister will invoke the 1930s 'new deal' of former US President Franklin D Roosevelt as he delivers a major speech in the West Midlands town of Dudley in the morning. He will announce £5bn in capital investment to accelerate infrastructure projects this year, including hospital maintenance works, school building and improvements to the road and rail networks.But a leading think-tank warned tax rises could be needed to foot the bill and Labour said there should be more emphasis on jobs coming out of the COVID-19 pandemic, which has so far killed more than 43,000 people in the UK.A national i