BBC reports David’s call for economic shock therapy
The BBC has reported David’s call for a new strategy for economic growth.
In a speech to the Centre for Policy Studies think tank in London, David said the economy needed “shock therapy to jolt it out of the torpor“.
He suggested the coalition’s deficit reduction programme had been “too little, too late” and called for a wide-ranging package of support for small and medium-sized businesses.
Mr Davis said: “We are not quite out of time. It’s the 11th hour, if not the 59th minute. Our chancellor is a clever and resourceful man. He should take the opportunity of the Autumn Statement in a few weeks’ time to lay out a plan to reinvigorate Britain.”