Economics
Former U.K. Chancellors Tell Sunak How to Revive Economic Growth
- Javid, Darling say policies they followed would work well now
- Pleas come amid a debate about how to move past virus crisis
Rishi Sunak
Photographer: Matt Dunham/AP Photo/Bloomberg
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Chancellor of the Exchequer Rishi Sunak is receiving some simple advice from his predecessors: follow us if you want to power up the British economy.
With the U.K. facing the deepest recession in at least a century, Sajid Javid, the man Sunak dramatically replaced in February, laid out a series of 63 recommendations in a report written for the Centre for Policy Studies. They highlight the need for infrastructure spending to even out regional inequalities -- the focus of Javid’s policy during his brief tenure as finance minister.