Corus chief calls for big spending push in UK

Posted on / UK - Corus chief calls for big spending push in UK.

Britain should shrug off worries about its huge government deficit and prepare to spend "tens of billions of pounds" on infrastructure investment to push the economy out of recession, according to one of the UK's leading industrialists.

Kirby Adams, chief executive of Corus, the Anglo-Dutch steel maker, also said the UK needed to draw up a "real industrial policy" that would make the country more attractive for manufacturers.

I'd stress that should be a Green New Deal, but this is worth blogging: it shows the truth that a few in business realise -that without government created demand we're in for a very tough time indeed.

Just tell George Osborne someone.