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Industry chiefs last night accused Boris Johnson of setting Britain on the path to rampant inflation as the Prime Minister stepped up his battle with business.
Firms warned labour shortages – which have triggered empty shelves and queues at petrol stations – will lead to spiralling prices unless the Government intervenes.
In his Conservative Party conference speech yesterday, Mr Johnson admitted the process of reshaping the economy to one with less immigration and better wages will be ‘difficult’.
But he insisted he will not change course as he accused bosses of using mass immigration as ‘an excuse’ not to invest in their company or staff.
Industry chiefs last night accused Boris Johnson of setting Britain on the path to rampant inflation as the Prime Minister stepped up his battle with business
‘That’s the direction in which the country is going now – towards a high-wage, high-skilled, high-productivity and, yes, thereby a low-tax economy. That is what the people of this country need and deserve,’ the Prime Minister said. ‘Yes, it will take time, and sometimes it will be difficult, but that is the change that people voted for in 2016.’
But he faced a tsunami of criticism from the private sector which accused him of indulging in ‘anti-business rhetoric’ and ‘playing the
