Boris Johnson’s Economic Vision Slammed by Conservative Think Tanks, Business Leaders

Boris Johnson’s Economic Vision Slammed by Conservative Think Tanks, Business Leaders
Britain's Prime Minister Boris Johnson delivers his keynote leader's speech during the Conservative Party conference at Manchester Central Convention Complex on Oct. 6, 2021. Christopher Furlong/Getty Images
Alexander Zhang
Updated:

British Prime Minister Boris Johnson has been criticised by conservative think tanks and business leaders for making “vacuous” rhetoric about moving towards a “high-wage,” “low-tax” economy, which they say will only lead to further price rises and worse labour shortages.

In his speech at the Conservative Party conference on Wednesday, Johnson said he was setting out the “difficult” process of reshaping the British economy.