Current track



Current show

Non Stop HitMix

12:00 am 7:00 am

Current show

Non Stop HitMix

12:00 am 7:00 am

‘I’ve not lost my mojo’: PM vows to ‘vastly’ reduce mortgage deposits

Written by on 6 October 2020

Boris Johnson has dismissed claims that coronavirus has “robbed me of my mojo” as he set out promises on social care, green energy and housing in his Conservative Party conference speech.

The prime minister, speaking via a video stream to his party’s members, launched a strident defence of the private sector as he vowed to “build back better” from the COVID-19 crisis.

Declaring he’d “had more than enough of this disease”, Mr Johnson promised Tory members that the next time they met it would be “face to face and cheek by jowl”.

And he said they would not be having to greet each other by “touching elbows as in some giant national version of the Birdie dance”.

But the prime minister added it “isn’t enough to go back to normal” as the country had “lost too much” and “mourned too many”.

Mr Johnson predicted the coronavirus pandemic would be a “trigger for an acceleration of social and economic change, because we human beings will not simply content ourselves with a repair job”.

The prime minister despaired at the “chronic underlying problems” the UK had prior to the COVID-19 crisis, as he resolved “not to go back to 2019, but to do better”.

More from Boris Johnson

Having been admitted to intensive care earlier this year when he contracted coronavirus himself, the prime minister admitted his own underlying condition was being “too fat” prior to catching the disease.

He revealed he has since lost 26lbs, almost two stone, and challenged “nonsense” suggestions he was still impacted by his illness.

“Of course this is self-evident drivel, the kind of seditious propaganda that you would expect from people who don’t want this government to succeed, who wanted to stop us delivering Brexit and all our other manifesto pledges,” he said.

In the most eye-catching of the prime minister’s policy proposals in his address, Mr Johnson reiterated his election manifesto promise to encourage a new market in long-term fixed rate mortgages.

The prime minister said: “We need now to take forward one of the key proposals of our manifesto of 2019: giving young, first-time buyers the chance to take out a long-term, fixed-rate mortgage of up to 95% of the value of the home – vastly reducing the size of the deposit and giving the chance of home ownership – and all the joy and pride that goes with it – to millions that feel excluded.

“We believe that this policy could create two million more owner-occupiers – the biggest expansion of home ownership since the 1980s.

“We will help turn generation rent into generation buy.”

In a hint at the possible introduction of an insurance-based scheme, Mr Johnson also promised to “fix the injustice of care home funding” by “bringing the magic of averages to the rescue of millions”.

“COVID has shone a spotlight on the difficulties of that sector in all parts of the UK – and to build back better we must respond, care for the carers as they care for us,” he added.

In addition, the prime minister confirmed his pledge that offshore wind power would be powering every home in the country within 10 years.

“Your kettle, your washing machine, your cooker, your heating, your plug-in electric vehicle – the whole lot of them will get their juice cleanly and without guilt from the breezes that blow around these islands,” he said.

“As Saudi Arabia is to oil, the UK is to wind – a place of almost limitless resource, but in the case of wind without, the carbon emissions and without the damage to the environment.”

Mr Johnson also outlined the government’s intent to explore the value of one-to-one teaching – as tried when the pandemic led to the shutting of schools – for pupils “in danger of falling behind, and for those who are of exceptional abilities”.

The prime minister branded Labour leader Sir Keir Starmer as “Captain Hindsight” and opposition MPs as a “regiment of pot-shot, snipeshot fusiliers”.

And Mr Johnson sought to put further distance between the Tories and their opponents in parliament.

Despite his government’s intervention in the economy with support packages since the beginning of the COVID-19 crisis, the prime minister warned that “there comes a moment when the state must stand back and let the private sector get on with it”.

“I have a simple message for those on the left, who think everything can be funded by uncle sugar the taxpayer,” he said.

“It isn’t the state that produces the new drugs and therapies we are using.

“It isn’t the state that will hold the intellectual property of the vaccine, if and when we get one. It wasn’t the state that made the gloves and masks and ventilators that we needed at such speed.

“It was the private sector, with its rational interest in innovation and competition and market share and, yes, sales.

“We must not draw the wrong economic conclusion from this crisis.”

Having made a comparison with the British government outlining their post-Second World War vision even in the depths of conflict in 1942, Mr Johnson set out his vision of Britain in 2030.

He spoke of zero carbon jets, blue passports, digital IDs, electric taxis, and gigabit broadband.

“Even in the darkest moments we can see the bright future ahead, and we can see how to build it, and we are going to build it together,” the prime minister said.

Analysis – PM fails to halt questions about his approach

By Sam Coates, deputy political editor

Boris Johnson did three things in his speech, none of which were especially memorable.

On coronavirus he said that life would be back to normal by next conference season – something any organiser of big events would quickly cast extreme doubt on.

Even his Cabinet ministers doubt we will be gathering like Tory conferences of old in a year, given the likely destruction of the events industry.

:: Subscribe to Sophy Ridge on Sunday on Apple podcasts, Google podcasts, Spotify, Spreaker

Mr Johnson set out a shopping list of promises, almost resembling Gordon Brown at times, with yet more invocations of “world beating” futures, which will be judged on delivery not announcement.

And he framed Labour as opposing free enterprise – filling the vacuum that Sir Keir Starmer himself is creating over his economic approach – as well as saying the Labour leader himself was “Captain Hindsight”.

Most notably, he made clear his dislike of critics, suggesting those who had questioned his fitness after his bout of severe coronavirus were “seditious” – treasonous – and coming from Remainers who want to stop Brexit.

However strong this language, it won’t make questions about his approach go away.