Boris Johnson predicts ‘golden future’ after cost of living crisis

Boris Johnson, protester with a placard reading: 'Eat or Heat?  No one should have to choose”.

Boris Johnson said the UK still had a ‘golden future’ despite its economic troubles (Pictures: Rex/AP)

Boris Johnson has been accused of being ‘out of touch’ for his hopeful comments on the cost of living crisis.

The outgoing Prime Minister said he believed the UK would experience a “remarkable rebound” and a “golden future” despite its current economic difficulties.

He even thinks that the country will come out of this difficult period “stronger and more prosperous (from) the other side”.

Mr Johnson gave words of encouragement in an article for Mail+ after Ofgem announced the energy price cap would rise to £3,549 on October 1.

He spoke of a grim 2020 economic briefing when Covid swept the world – but said the UK’s pandemic response had already ‘proved the pessimists wrong’.

He wrote: ‘They told me unemployment in the UK would be over 14%. They said millions would be thrown into the economic scrapyard – with all the resulting costs to the Exchequer.

Demonstrator with a sign: 'Eat or heat?  No one should have to choose”.

Many Britons fear they won’t be able to heat their homes this winter (Picture: Getty)

Protesters outside Ofgem HQ in Canary Wharf in London.

People have called on the government to act on the energy crisis (Picture: PA)

‘They were wrong. After becoming the first country in the world to approve an effective vaccine, we staged Europe’s fastest vaccine rollout, fastest Covid exit.

“As a result, we had the fastest growth in the G7 last year and instead of mass unemployment, we have around 640,000 more people in wage employment than before the pandemic started.

“We have laid the foundation for long-term gains in prosperity and productivity.

“We know we will bounce back from the energy cost crisis as we rapidly develop our own supplies in the UK.”

Labour’s shadow Chief Secretary to the Treasury, Pat McFadden, criticized the Prime Minister’s tone in the article, telling Sky News: “I think the Prime Minister’s article shows how little he understands the wave of shock that was sent to households across the country by Ofgem’s announcement on Friday.

“We’re looking at energy bills of hundreds of pounds a month for households across the country and the conversation that’s taking place, of course, is ‘how can we afford this, what else can we cut? And for some people, it will just be impossible.

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But former cabinet minister Simon Hart, who quit government when Mr Johnson’s premiership collapsed last month, defended the Tory leader.

He said: “I think it’s perfectly reasonable for Boris Johnson and others to say, ‘Look, this isn’t going to be a permanent resting place for the UK economy.’

Mr Johnson also took the opportunity to slam ‘union barons’ calling for ‘endless fool’s gold’ during this crisis.

It was aimed at railway workers who have repeatedly walked off the job to protest better wages and working conditions in recent months.

Mr Johnson said these unions should simply be ignored.

He said: “We have more than enough resilience to get through the difficult months ahead. We have already shown it.

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