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BBCNEWS BBC News October 6, 2021 09:04:00

Pandemic, we ve got the number ofjobs and new, rising, economic growth coming back at a fair lick. wages are also rising, if you look at the latest data. but we ve got to make sure that we have an economy which is high skill, high wage, so that people can afford to deal with the cost of living, and not overly reliant on the easy addiction to cheap, unskilled labour from abroad. the conservative peer, lord wolfson, who s chief executive of the next fashion chain and a brexit supporter says there s real panic and despondency in the restaurant, hotel and care industries about labour shortages. in an interview with the bbc s nick robinson he hit back against borisjohnson s claim yesterday that business needs a shock to get it off its reliance on foreign labour. i think that approach leads to queues at petrol stations and pigs being unnecessarily shot. so i don t think that is a particularly constructive approach. i think a much more constructive approach is to say, well, if we think the pr ....

The Cost Of Living , Fashion Chain , Chief Executive , Conservative Peer , Bbc News , Labour Shortages , She Hit , Borisjohnson S , Nick Robinson , Help Problem , Petrol Stations ,

BBCNEWS BBC News October 6, 2021 10:04:00

Stronger from this terrible pandemic, we ve got the number ofjobs and the economy rising, economic growth coming back at a fair lick. wages are also rising, if you look at the latest data. but we ve got to make sure that we have an economy which is high skill, high wage, so that people can afford to deal with the cost of living, and not overly reliant on the easy addiction to cheap, unskilled labour from abroad. meanwhile the brexit supporting conservative peer, lord wolfson who s chief executive of the next fashion chain says there s real panic & despondency in the restaurant, hotel and care industries about labour shortages. in an interview with the bbc s nick robinson he hit back against borisjohnson s claim yesterday that business needs a shock to get it off its reliance on foreign labour. i think that approach leads to queues at petrol stations so i don t think that is a particularly constructive approach. ....

Economy Rising , The Cost Of Living , Chief Executive , Conservative Peer , Boris Johnson , Bbc News , Labour Shortages , Fashion Chain , Nick Robinson , Real Panic Despondency , Petrol Stations ,

BBCNEWS BBC News October 6, 2021 10:00:00

This is bbc news. the headlines at 11. boris johnson will close the uk conservative party conference with a promise his government has the guts to reshape the economy towards a model of high wages and controlled immigration. there s also got to be a question for the workers for this country, in particularly those on low and middle incomes, of have they got wages that they need to deal with the cost of living and we re absolutely committed to making sure that they do. but brexit backing conservative peer and next boss lord wolfson says a rise in wages won t solve the whole problem and aggressively blaming business doesn t help. i think that approach leads to queues at petrol stations and pigs being unnecessarily shot. so i don t think that s particularly constructive approach. ....

Bbc News , Working Week , Welsh Labour , Boris Johnson , Uk Conservative Party Conference , The Cost Of Living , Backing Conservative Peer , Mark Zuckerberg , Petrol Stations , Business Doesnt Help ,

BBCNEWS BBC News October 6, 2021 14:08:00

Economic model to a new one. ian watson who was listening to the speech in manchester. before the prime minister s conference speech, there was critisicsm of the government from the head of the retailer next, lord wolfson. he is a conservative supporter, and in favour of brexit, but this morning said there is panic and despondency in the business world about the current labour shortages. our business editor simonjack has more details. lord wolfson, brexit supporter, came out. throughout the week has been saying that the government is on the wrong track with its approach to immigration. the prime minister said we can t go back to the same old broken model of uncontrolled immigration. he said, listen, it s a fact of life that businesses will need this. he said earlier in the week these labour shortages are real, they re damaging, they will push up prices and thatjust putting everyone s wages up on its own without making people better at doing things or investing in new kit and skills wil ....

Scottish Government , Prime Minister , Ian Watson , Conference Speech , Labour Shortages , Business Editor Simonjack , Brexit Supporter ,

BBCNEWS BBC News October 6, 2021 09:06:00

Back to the brexit referendum campaign, borisjohnson made some rather derogatory remarks about business at the time, and he is finger wagging again at some businesses, which conservative supporters like lord wolfson do not like to hear. you will be saying in this speech, as we understand it, very much in line with what dominic raab was saying earlier, that businesses should not be using immigration as an excuse for their failure to invest in people, skills and machinery. and i think there s a saying in politics, don t let a good crisis go to waste. we are seeing a shortage of hgv drivers, some empty shelves, queues at petrol stations, but what the prime minister is going to be arguing is that this is simply, if you like, a temporary blip, that people keep their eyes on the horizon, we are moving to a high skilled, high economy, betterjobs for british people, and, if you like, this is a temporary transition. what others will say is if there are any higher wages going to delivery drivers ....

Boris Johnson , Referendum Campaign , Dominic Raab , Prime Minister , Petrol Stations , Hgv Drivers , Don T , Delivery Drivers , Productivity Gains ,