Boris the builder can he fix it? Yes he can! PM says economy ‘showing real signs of strength’
BORIS Johnson has praised the nation’s efforts to boost the economy which he says is “showing real signs of strength”. The PM said people need to get back into office to give businesses a major kickstart after the shutdown. During a visit to a housing development in Warrington, Mr Johnson told reporters to get the […]
BORIS Johnson has praised the nation’s efforts to boost the economy which he says is “showing real signs of strength”.
The PM said people need to get back into office to give businesses a major kickstart after the shutdown.
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During a visit to a housing development in Warrington, Mr Johnson told reporters to get the UK economy back on track it will “unquestionably… require people to have the confidence to go back to work in a Covid-secure way.”
He added: “It’s also very, very important that we get all the schools back in September, on September 1 get all the pupils back into their schools.
“That will be also very, very important for getting our economy overall moving again.”
His comments come after Britain came in last place for workers who have gone back to work in major European cities with just over a third of staff back behind deaths.
The Government formally scrapped work-from-home advice and begged people to get back to the office on Monday.
Housing Secretary Robert Jenrick this morning urged people to “get out” and help support local businesses to stem the tide of growing job losses.
When asked if he was concerned about London being emptied out as people continue to work from home, he said: “I am very concerned about London and city centre more generally.
Earlier on Thursday, Housing Secretary Robert Jenrick urged people to “get out” and support local businesses in the cities if they want to prevent further job losses.
“You are seeing people starting to go back into town centres and obviously using local shops in villages and rural areas, but many of our city centres are very quiet and we need to get back into them, using the Chancellor’s Eat Out To Help Out scheme, going to visit the shops safely, it can be done.”
New data showed Brits spent 16 per cent more this week than last week thanks to the Treasury’s discount dinner deal.
More green shoots of hope came as the Bank of England today revised its gloomy outlook for Britain’s financial recovery, saying it won’t be as dire as initially thought.
But it could take longer to get back on track to pre-Covid strength.
Bank governor Andrew Bailey echoed the PM, saying that the economy is “recovering”, but stressed the progress had been “uneven”.
The Banks’ improved projections for growth in the economy suggest that GDP will shrink by 9.5 per cent this year.
It would still make it the worst outlook in 99 years, but it is less severe than the 14 per cent plummet in the May forecasts – which would have been the worst in more than 300 years.
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