lord wolfson, brexit supporting. _ boss of next.rexit supporting, said that _ boss of next. lord wolfson, brexit supporting, said that the - boss of next. lord wolfson, brexit i supporting, said that the government was on _ supporting, said that the government was on its _ supporting, said that the government was on its wrong track with immigration. he said it was a fact of life _ immigration. he said it was a fact of life that — immigration. he said it was a fact of life that businesses will leave this, _ of life that businesses will leave this, the — of life that businesses will leave this, the labour shortages are real, they are _ this, the labour shortages are real, they are damaging, they will push up prices, _ they are damaging, they will push up prices, and _ they are damaging, they will push up prices, and just putting everyone's rages— prices, and just putting everyone's rages upon— prices, and just putting everyone's rages upon its own without making people _ rages upon its own without making people better at doing things

then you've got attention with business, as we were hearing, from lord wolfson.ed for not spotting the problems that could arise from the supply chain, as we get back to normal after the pandemic and adjust to post—brexit reality. and then you got some members of borisjohnson�*s cabinet that think he is being a bit too blase and a bit too optimistic about the stresses and strains that the economy is experiencing, and maybe not quite acknowledging the stress and the worries that people have as they live through that. but boris johnson is going to brush all of that aside in the next few hours and do a very, very optimistic, tub thumping speech, where he will say he is the only person that has the guts to make the tough decisions and the changes to the country that the country needs. it's an interesting word, guts. some people will hear that and be inspired, other people will hear it and think, hang on, you will hear it and think, hang on, you will need guts if you are about to embark on something that is a bit scary or risky. he will also, the prime minister, criti

the chief executive of next, lord wolfson, said cash alone cannot conjure up enough workers, and warnedimply lead to a 1970s—style spiral of rising prices. right now, even keeping the normal wheels of the economy turning requires some pretty extraordinary intervention. the path to the chancellor's high—tech highways future may take some time. faisal islam, bbc news. hundreds of millions of people around the world, using some of the most popular social media sites facebook, instagram and whatsapp, have been forced offline, in a major global blackout. it's one of the longest outages, already lasted several hours, and facebook�*s share price has plummetted by nearly 5%. it's not known what's caused the problems, or when it will be fixed. our consumer affairs correspondent colletta smith reports. it isa it is a trilogy of companies with one owner and this afternoon it was the same message about them all, facebook is down, instagram isn't working, and whatsapp went down, as well. the fact all three companies have been impacted suggested it is something right at the heart of that social media

the conservative peer, lord wolfson, who's chief executive of the next fashion chain and a brexit supporterdency in the restaurant, hotel and care industries about labour shortages. in an interview with the bbc�*s nick robinson he hit back against borisjohnson�*s claim yesterday that business needs a shock to get it off its reliance on foreign labour. i think that approach leads to queues at petrol stations and pigs being unnecessarily shot. so i don't think that is a particularly constructive approach. i think a much more constructive approach is to say, well, if we think the problem is that businesses are bringing in people because they are cheap, then let's make them more expensive. so that business can bring in the labour that it desperately needs, but there will always be a huge incentive to employ people in the uk if those people are available. and so, rather than try and solve this problem with people throwing brickbats at each other, we sit down together, work through and design a system that delivers the best of both worlds, that delivers the skills we desperately need in the uk to

lord wolfson, brexit supporter, came out...s. he said earlier in the week these labour shortages are real, they're damaging, they will push up prices and thatjust putting everyone's wages up on its own without making people better at doing things or investing in new kit and skills will only give you inflation. the prime minister earlier in the week saying i'm not that bothered about inflation, i expect supply to come to meet demand. but it only does that when prices go up, where those two things meet. we didn't hear anything from rishi sunak this week on saying public sector workers were going to get much higher wages so you're going to have millions of people for whom prices are rising faster than their wages. that means their living standards are getting worse just a bit every day, and politically that's a pretty horrible place to be in. so a lot of people saying he's being quite potentially complacent about the fact that he's not that bothered about inflation. businesses saying we are being criticised we didn't invest, there