Financial Times FT.com

Brown sets out anti-recession plan

By George Parker in Washington and Nicholas Timmins in London

Published: November 14 2008 21:43 | Last updated: November 14 2008 21:43

Gordon Brown on Friday heralded an anti-recession strategy founded on tax cuts for low earners and further cuts in interest rates, in the hope that Britain will spend its way out of the downturn.

Mr Brown, speaking during a three-day visit to the US, suggested the government would use tax credits to help poorer families since they were more likely to spend any money handed out.

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