Space Industry and Business News  
TRADE WARS
Johnson vows 'long overdue' revamp of UK's post-Brexit economy
By Jitendra JOSHI
Manchester, United Kingdom (AFP) Oct 6, 2021

British Prime Minister Boris Johnson rallies his Conservative party faithful on Wednesday vowing a far-reaching overhaul to wean the UK economy off cheap foreign labour after Brexit.

Shrugging off panic-buying at petrol stations, bare supermarket shelves and retailers' warnings of a bleak Christmas to come, the Tory leader says the short-term pain is worth it.

"We are dealing with the biggest underlying issues of our economy and society," he is expected to say in his conference-closing speech, according to excerpts released by the party.

"The problems that no government has had the guts to tackle before.

"Because we are embarking now on the change of direction that has been long overdue in the UK economy," Johnson will say, vowing no return to the pre-Brexit model of "uncontrolled immigration".

Instead, British businesses will have to invest in their workers and in technology to push the country "towards a high wage, high skill, high productivity economy".

But it will take time to transition, and, in the meantime, the government has grudgingly agreed to a limited number of short-term visas to lure truckers and poultry workers from Eastern Europe.

- Climate silence -

The government blames the acute labour shortages afflicting the UK economy not on its hardline approach to Brexit but on the coronavirus pandemic.

But the supply crisis risks undermining themes that Johnson is set to emphasise in his conference speech, including "levelling up" economic growth and "Global Britain" after the EU divorce.

He is also expected to talk up Britain's action on climate change and the need for global coordination, ahead of convening the two-week COP26 climate summit in Scotland from October 31.

Touring exhibitors' stands at the conference on Tuesday, Johnson rode an e-bike, climbed aboard an electric tractor, and played with a puzzle to assemble a zero-carbon energy house.

But at the Tory gathering as a whole, the topic of climate change has been relegated to the backburner.

Finance Minister Rishi Sunak said on Monday it would be "immoral" to bequeath pandemic-driven debt to future generations, but made no mention of saving those generations from a burning planet.

The omission was a "damaging sign" ahead of COP26 in Glasgow, commented Rebecca Newsom, head of policy for Greenpeace UK.

"Coughing up more cash for green infrastructure now would save enormous costs later and create millions of new jobs across the UK," she said.

Neither did Foreign Secretary Liz Truss reference the C-word -- climate -- in her speech on Sunday, while vowing to support "greener" growth and "clean infrastructure" in developing countries.

- The B-word -

In contrast, the B-word -- Brexit -- has been a recurrent theme for delegates of Johnson's party, adamant that current problems associated with the EU split will pass.

Brexit minister David Frost admonished the "anti-transport, anti-car" lobby's "anti-growth ideologies" and "persistent miserabilism".

Interior Minister Priti Patel used her conference speech on Tuesday to promise tougher action against climate protestors who have been blockading roads around London.

The prime minister mocked the demonstrators as "irresponsible crusties".

But Johnson's COP26 president, Alok Sharma, denied the party was soft-pedalling climate change with less than a month to go before he welcomes delegates from around the world to Glasgow.

"Sometimes people don't perceive the Conservatives as leading on this," the former business minister told a small audience on the margins of the main conference in Manchester.

"Cabinet colleagues actually understand why it's vitally important to get this right," Sharma stressed.

"This is a real, real opportunity to create jobs, to create growth, to have a healthier country, a healthier planet."


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
Asian markets slip as inflation, default compound virus worries
Hong Kong (AFP) Oct 6, 2021
Asian markets resumed their retreat Wednesday as a strong lead from Wall Street was overshadowed by ongoing worries about a range of issues from rising inflation, tighter monetary policy, a possible US debt default and the ever-present threat of the Delta variant. The rally enjoyed across equities for more than a year has met a roadblock in recent months as supply chain problems and a surge in energy prices caused by a recovery in demand has led to a sustained spike in inflation. That has put in ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
One in three young kids uses social media, use of parental controls spotty

French cloud computing IPO mints Europe's latest tech billionaire

Simulating space on Earth: NASA receives hardware for testing satellite servicing tech

eFootball fiasco symptom of growing rush to bring out games

TRADE WARS
Space Systems Command awards $46.5 million contract for meshONE-Terrestrial

Cesiumastro deploys active phased array experimental satellites

US Space Force to take over SATCOM operations from Army, Navy

Notre Dame to lead $25 million SpectrumX project; first NSF Spectrum Innovation Initiative Center

TRADE WARS
TRADE WARS
Galileo ground control segment ready for full operational capability

France lops metre off Mont Blanc's official height

Enhanced BeiDou short message service displayed at int'l summit

SpaceX satellite signals used like GPS to pinpoint location on Earth

TRADE WARS
Fly more, pollute less -- the great aviation conundrum

Student experiments float over New Mexico

Zero net emissions by 2050: a huge challenge for airline industry

German 'green' kerosene plant eyes climate-friendlier flights

TRADE WARS
Towards ultra-low-energy exciton electronics

Connecting the dots between material properties and qubit performance

New ergonomic photodetector for the trillion-sensor era

US to press for semiconductor relief at EU tech meeting

TRADE WARS
First Copernicus satellite exceeds design working life

NASA software helps weather forecasting around the globe

Earth from Space: Mackenzie River, Canada

NASA selects partners for Geostationary and Extended Observations Sounder Phase A Studies

TRADE WARS
Almost one-in-three people globally will still be mainly using polluting cooking fuels in 2030, research shows

Sea pollution after S.Africa riots an 'environmental catastrophe'

'Pollution-sniffing' plane scours Belgium's coast

Europe's industrial air pollution costing hundreds of billions: report









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.