Corus chief urges UK to invest in infrastructure

By Peter Marsh
Published: December 27 2009 23:17 | Last updated: December 27 2009 23:17
Britain should shrug off worries about its huge government deficit and prepare to spend “tens of billions of pounds” on infrastructure investment to push the economy out of recession, according to one of the UK’s leading industrialists.

Kirby Adams, chief executive of Corus, the Anglo-Dutch steelmaker, also saidin a Financial Times interview the UK needed to draw up a “real industrial policy” to make the country more attractive for manufacturers in the cause of boosting the economy over the next 10 years.