BBCNEWS World Business Report October 6, 2021 04:32:00
Economics at the british chambers of commerce. a warm welcome to you. borisjohnson has said a lot of his, what will be in his message today already. we know what is coming, what will your members make of what he has to say? businesses support to a move to a high school, high wage economy but had to get there? simply increasing wages will not let you get that, you need high productivity otherwise you get higher inflation. from a consumer perspective, higher inflation and higher wages defeats the purpose because consumers are no better off. has got a point that at some point we need to make the ...