Boris Johnson speech on cost of living crisis

The transcript discusses the UK government's response to the pandemic, highlighting investments in PPE, vaccines, and business support programs. It emphasizes the importance of government stepping back to allow market-driven investments, especially post-Brexit. The government aims to reform regulations to boost investments and reduce costs for businesses and households, despite potential opposition from vested interests.

What were some of the key areas the government invested in during the pandemic?

• Tourism and hospitality

• Automobile industry

• Space exploration

• PPE contracts and vaccines

What is the government's strategy to boost investment in UK firms?

• Increasing taxes on foreign investments

• Reducing interest rates

• Reforming regulations and using Brexit freedoms

• Nationalizing major industries

How does the government plan to support economic growth according to the second section?

• By reducing its involvement and encouraging private investment

• By focusing solely on public sector growth

• By imposing stricter regulations

• By increasing government spending

What is the government's approach to handling regulations that increase costs?

• Leaving them unchanged

• Ignoring them

• Identifying and reforming them

• Strengthening them

Which areas are targeted for cost reduction in the government's upcoming reforms?

• Luxury goods and services

• Household expenditure areas like food and energy

• International travel

• High-end real estate