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 added: “Inaction could deliver decades of decline and disappointment to a whole new generation.”

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.”