Inflation, reducing debt. the labour party has racked up £90 million of unfunded policies, that s problem. reducing inflation and growing the economy. taster; reducing inflation and growing the econom . ~ . reducing inflation and growing the econom . . . ., reducing inflation and growing the econom . . . . . , reducing inflation and growing the econom. ., ., ., economy. way haven t had any growth, we for: ot economy. way haven t had any growth, we forgot had economy. way haven t had any growth, we forgot had stagnation, economy. way haven t had any growth, we forgot had stagnation, the - we forgot had stagnation, the biggest we forgot had stagnation, the biggest cost of living crisis in 50 years. biggest cost of living crisis in 50 years. the biggest cost of living crisis in 50 years, the highest levels of tax burdeh years, the highest levels of tax burden we ve hides in 70 years and we ve burden we ve hides in 70 years and we ve got burden we ve hides in 70 year
A lot more skilled workers, so the mismatch exists. is it viable as keir starmer suggested for the uk industry to wean itself off cheap labour from abroad and re skill people in the uk, domestic workers, so they can fill the vacancies that we have? look, at the end of the day, that is not really a question about immigration, it s much more a question of training and productivity, and there is no question that in there is no question that in the uk we do have a big productivity problem. we are not particularly well scoring on maths and science. we don t have a lot of higher engineering graduates compared to other countries. so those things do need to be addressed systematically in the education system. need a better link
Produce a great big spirit from us. then they all broke at the same time. we never really reinvented the country. we abandon manufacturing and space of government advisers sneered at it. but manufacturing has delivered much higher income to the working class people. it isjust much more distributive. money goes around to more people than just focusing on financial services. so nobody, and it does include the conservative government. nobody has looked at our productivity problem and has attempted to address it. what i found in the autumn statement was a continuous of that. trying to put out the fire without trying to address the causes of this. we have sort of, rightly, the prime minister and change the slur spoken about skills but put all the additional funds into school and nothing for
The new prime minister what would you like to hear? well, the new prime minister talks - what would you like to hear? -ii the new prime minister talks about a profound economic crisis. the fact that stems from a productivity problem, and that comes from a scarcity of skills. but let s not be gloomy, there is terrific demand for quality british product around the country, we have had one of the best years ever, and i think we could solve this not by manipulating taxes, but unlocking talent in towns like this all around the country. there are millions of people in this country who could add to our productivity, so i suggest, one of our previous prime ministers had a mantra, education, education, education. why doesn t this prime minister start with skills, skill, skill? he is welcome to come here to see how we work with the local school and how we could make it work. , ., ., work. let s get an overview with melanie from work. let s get an overview with melanie from the work. let s
Morning. but i m afraid that, even before the pandemic, britain went through the worst decade of productivity growth since the industrial revolution. the worst decade. now that is staggering. but of course, the government has its own answer to the productivity problem, he is called geoffrey cox. but we might need a little bit more than that. now it s not as if we don t know the answer. we need increased business investment and better capital stock on improved infrastructure. we need to embrace new technology. we need to lift our export performance. we need cities outside of the south east to become economic powerhouses which is why it was so devastating to see the government rip up its promises in relation to hs2 and the northern