Schools in England are set for a 1.8 billion-pound ($2.2 billion) boost as Prime Minister Boris Johnson seeks to reclaim the political agenda after weeks of criticism over his handling of the coronavirus pandemic.
The first rebuilding program since 2014 will see work begin on 50 schools projects as part of a 10-year plan, Johnson will announce on Monday. The estimated cost is over 1 billion pounds, with a further 760 million pounds for repairs and upgrades.
Johnson will this week attempt to reboot his struggling administration after three months of lockdown that’s battered the economy and left him facing accusations that ministers bungled the response to the pandemic.
Ahead of a key speech on Tuesday, he ruled out a return to the austerity that followed the 2008 financial crisis and said the government is planning to spend big money on infrastructure to jump-start an economy facing the worst slump in at least a century.
42,597 in U.S.Most new cases today
-10% Change in MSCI World Index of global stocks since Wuhan lockdown, Jan. 23
-1.091 Change in U.S. treasury bond yield since Wuhan lockdown, Jan. 23
-2.3% Global GDP Tracker (annualized), May