Beyond Currency

6 October 2021 - Johnson calls logistics chaos part of the ending of low wages


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"The Prime Minister is setting out the Government’s agenda at his Party’s annual conference and using the time to try to set in motion the policies that were in the 2019 election manifesto but have been blown off course by the twin issues of first Brexit and then the Pandemic.
Johnson believes in a lower rate of taxation as a way of increasing productivity, but he fails to address the fact that by trying to put in place an economy where innovation and scientific advances are to the fore, he is effectively abandoning a large part of the workforce.
Manufacturing only makes up 20% of the country’s GDP, and that is set to fall further.
The Prime Minister is setting out the Government’s agenda at his Party’s annual conference and using the time to try to set in motion the policies that were in the 2019 election manifesto but have been blown off course by the twin issues of first Brexit and then the Pandemic.
He went on to say that issues with supply chains are due to the pace of the recovery from Covid-19 and admitted that just 127 foreign lorry drivers had applied for emergency visas to return to the UK.
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Beyond Currency Market Commentary:
Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.
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