Darling: I'll Do a Keynes

Daily MailOctober 20, 2008

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Summary


MINISTERS will attempt to spend their way out of recession, Alistair Darling pledged yesterday.

In a major revision of modern economic thinking, the Chancellor will increase borrowing to pump billions of pounds into transport and defence projects.

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Extract


Darling: I'll Do a Keynes

Money already earmarked to finance the building of new homes, schools, hospitals and leisure centres in future will also be brought forward by a year.

Mr Darling hopes the in...

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