Shrugging off crises, UK PM Johnson delights party, annoys business

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Prime Minister Boris Johnson vowed to radically re-shape Britain on Wednesday, exhorting his Conservative Party faithful to help government press on with tackling regional inequality by ending 'long term structural weaknesses' in the economy.

Britain's Prime Minister Boris Johnson speaks during the annual Conservative Party Conference, in Manchester, Britain, October 6, 2021. REUTERS/Toby MelvilleLeaves business feeling under attack

It was a speech, absent of major policy announcements, very much directed at his party, trying to rally the troops and ease concerns among some who fear he is leading the Conservatives away from their long-standing low-tax, small state ideology. "The answer to the present stresses and strains, which are mainly a function of growth and economic revival, is not to reach for that same old lever of uncontrolled immigration to keep wages low," he told a packed conference hall in the northern English city of Manchester.

"It's a fragile moment for our economy. So, let’s work in partnership to overcome the short-term challenges and fulfil our long-term potential." "Rising wages are great unless prices rise faster. Inflation matters -- it's about what we can afford and how families make ends meet in a tough month," Tom Tugendhat said on Twitter.

 

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