UK is ‘wired for old world’ of the 1980s and 1990s, says Kemi Badenoch

Conservative party leader Kemi Badenoch speaking at the Business Property Relief Summit at the London Palladium (Lucy North/PA) - (PA Wire)

The UK is “wired for an old world” of the “80s and 90s” and facing “aggressive competition from economies like China”, Kemi Badenoch has said.

The Conservative leader suggested that the UK is “regulating ourselves at very high standards” not seen in other countries which “puts us at a disadvantage”.