Politics latest news: Boris Johnson says it's time for 'Rooseveltian approach to economy'

Coronavirus latest news: Leicester restaurants and bars could remain closed for another two weeks Senior Conservative MPs urge UK negotiators to reject Brexit 'compromise', as talks resume PM to pledge £1.5bn for post-lockdown school building blitz Portugal fights back against UK quarantine threat Brexiteers to be recruited and departments moved to regions in huge Whitehall shake-up Subscribe to The Telegraph, free for one month The Prime Minister has said the UK will need an economic approach like the one enacted by former president Franklin D Roosevelt in his 'New Deal' out of the US's Great Depression. Boris Johnson told the newly-launched Times Radio there will be "some bumpy times" as the UK comes out of coronavirus, but said the Government would now "double-down on our initial agenda", confirming he will set out his domestic vision during a speech in Dudley tomorrow. "This is the time to invest in infrastructure, this is the time to make those long-term decisions for the good of the country. "You have to be careful and the Chancellor will be setting out our plans in the spending review in the autumn. "But in the end what you can't do at this moment is go back to what people called austerity," he added. "I think that would be a mistake. "I think this is the moment for a Rooseveltian approach to the UK." This is the second time in three days a senior member of the Government has channelled the former president, after Michael Gove, the chancellor of the Duchy of Lancaster, gave a speech at the weekend praising "FDR" for having saved capitalism and restored faith in democracy. Read more below.

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