Ten Things You Need to Know Today: 7 October 2021

The Week’s daily digest of the news agenda, published at 8am

1. PM criticised for ‘vacuous’ speech

Boris Johnson has come under fire from business leaders following his speech to the Conservative Party conference yesterday. Despite winning applause from within the auditorium, free market thinktank the Adam Smith Institute dismissed the address as “bombastic but vacuous and economically illiterate”. The Bright Blue thinktank added that “there was nothing new in this speech, no inspiring new vision or policy”. Responding to Johnson’s pledge to turn the UK into a “high-wage” economy, Richard Walker, the managing director of Iceland, accused the PM of treating businesses like an “endless sponge that can keep absorbing costs in one go”.

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