Prime Minister Boris Johnson told Britons yesterday he was “on your side”, vowing to build a high-growth, low-tax economy where everyone could buy their own home, in his latest attempt at a reset after surviving a major revolt against his leadership. In a wide-ranging speech, the Conservative leader vowed to tackle the soaring cost of living and address long-standing problems such as unaffordable childcare. But many economists were doubtful about Johnson’s promises, with official forecasters saying tax revenue is on course to rise to the highest level since the 1940s and growth set to disappear. Johnson warned the British public there was no quick fix to the economic instability stoked by R
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