Javid sparks speculation of voter-friendly budget with borrowing comments

Chancellor predicts interest rates will remain at rock bottom levels and says it makes sense to borrow to boost the economy

Sajid Javid has fuelled speculation that he is planning a voter-friendly budget next month after predicting that interest rates will remain at rock bottom levels and give him the scope to increase government borrowing.

The chancellor said he was convinced that low interest rates were here to stay and that it was his job to see how he could exploit the changed circumstances to boost the economy.