UK's Javid says he will spend more on services, but keep budget rules

Credit: REUTERS/POOL

New British finance minister Sajid Javid said on Tuesday he will announce an increase in public spending on health, education and the police on Sept. 4, but he will stick with the budget rules drawn up by his predecessor.

LONDON, Aug 27 (Reuters) - New British finance minister Sajid Javid said on Tuesday he will announce an increase in public spending on health, education and the police on Sept. 4, but he will stick with the budget rules drawn up by his predecessor.

"It's vital that we continue to live within our means as a country," Javid said in an article for the Daily Telegraph newspaper. "So I can confirm that next week's spending round will be delivered within the current fiscal rules."

(Reporting by William Schomberg Editing by Sonya Hepinstall)

((william.schomberg@thomsonreuters.com; +44 207 542 7778; Reuters Messaging: william.schomberg.reuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Reuters

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

Learn More