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Industry news: Brexit

Brexit has already cost average UK worker more than a week's wages

26 February 2019   (0 Comments)
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Brexit vote has already cost the average worker more than a week’s wages due to weakness in the pound, a new research has shown. 

Dennis Novy, associate professor of economics at the University of Warwick, calculated that the average household had to spend £7.74 more per week, or £404 more per year, to afford the same purchases in the first year after the referendum.

Novy said: “It is clear that the average UK household is already paying the price for voting to leave the EU."

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