LONDON (Reuters) – Britain’s economy is at a turning point and the government welcomes rising wages but will not return to the old approach of low investment and low skills, Prime Minister Boris Johnson said on Tuesday.
“What I don’t think would be a good idea would be to go backwards to the kind of low wage, low investment, low skill approach that we’ve had before. And so it’s really a big turning point for the UK and an opportunity for us to go in a different direction,” Johnson told BBC TV.
(Reporting by Guy Faulconbridge and Kate Holton, Editing by Paul Sandle)