Boris Johnson is expected to commit to building thousands of new homes, schools and hospitalsThe construction sector pulled UK stock markets higher this morning amid growing expectations that Boris Johnson will announce a huge infrastructure investment package this week. Speaking to Times Radio, the prime minister promised a “Rooseveltian approach” to rebuild the UK economy, a reference to the series of public work projects President Roosevelt sanctioned in a bid to drag America out of the Great Depression in the 1930s. Mr Johnson will outline his plans for the economy in a speech in the Midlands tomorrow, in which he is expected to commit to building thousands of new homes, schools and hospitals. He has also been tipped to spend heavily on road, rail and broadband projects. 3i Group, the infrastructure investor, was the top riser on the FTSE

Source: The Times June 29, 2020 11:15 UTC