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Reuters
Reuters
Business

UK is at a turning point: we want rising wages, PM Johnson says

FILE PHOTO: Britain's Prime Minister Boris Johnson looks on as he attends the annual Conservative Party conference, in Manchester, Britain, October 4, 2021. REUTERS/Phil Noble

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)

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