Sounds about right 
"The Tories actually want to turn the UK into a low-skill, low-tech, low-pay, low-welfare economy to compete with China and India on their way up as we meet them on our way down, and trashing the value of our wages is one of the ways they've been trying to achieve it."
https://anotherangryvoice.blogspot.co.uk/2017/05/what-do-britain-and-greece-have-in.html?m=1

"The Tories actually want to turn the UK into a low-skill, low-tech, low-pay, low-welfare economy to compete with China and India on their way up as we meet them on our way down, and trashing the value of our wages is one of the ways they've been trying to achieve it."
https://anotherangryvoice.blogspot.co.uk/2017/05/what-do-britain-and-greece-have-in.html?m=1