Cabinet ministers allegedly told the BBC that plans are under discussion to kickstart economy with spending boost
The Government may raise capital spending on infrastructure as part of plans to inject 拢5bn into the economy without abandoning its deficit reduction strategy.
Cabinet ministers are said to have told BBC political editor Nick Robinson that discussions are underway about what can be done to boost sluggish growth without the need to resort to a fiscal Plan B.
But Lib Dems in Government distanced themselves from the suggestion of a 拢5bn plan.
Chief Secretary to the Treasury Danny Alexander told BBC Radio 4鈥檚 Today programme: 鈥淲e鈥檝e set out our policies on capital spending. We are going to stick to those policies across the board.鈥
Energy Secretary Chris Huhne said: 鈥淚 don鈥檛 recognise that figure at all and I have absolutely no knowledge of that.鈥
Robinson said some ministers have suggested that road, rail and broadband projects could benefit from as much as 拢5bn in extra capital spending - on top of that committed in the March Budget.
The hint follows a speech by Nick Clegg last week, in which the deputy prime minister pledged to start 鈥渞amping up our sales pitch鈥 in a bid to secure funding for infrastructure.
As leader of the Lib Dems, Clegg will speak at the party鈥檚 autumn conference tomorrow. His speech is expected to be dominated by Britain鈥檚 ongoing economic trials.
No comments yet