UK opposition calls for 'recovery bond' issuance to fund post-COVID rebound

© Reuters. FILE PHOTO: British Labour Party leader Keir Starmer speaks to members of the media, in London

LONDON (Reuters) – Britain Labour Party leader Keir Starmer on Thursday proposed the launch of a ‘recovery bond’ to finance post-pandemic spending that supports communities, jobs and businesses.

“If I were Prime Minister, I would introduce a new British Recovery Bond. This could raise billions to invest in local communities, jobs and businesses,” Starmer said in a speech.

“It could help build the infrastructure of the future – investing in science, skills, technology and British manufacturing. It would also provide security for savers.”

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