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LSE warns Brexit damages UK’s competitiveness, reduces productiveness and lowers Brits’ actual wages

A brand new bombshell find out about stated this morning that Brexit has broken Britain’s competitiveness, lowering productiveness and reducing employees’ actual wages within the years forward.

The record stated Britain has skilled a decline of 8 in step with cent in business openness – business as a proportion of monetary output – since 2019, shedding marketplace proportion throughout 3 of its greatest non-EU items import markets in 2021, the USA, Canada and Japan.

The record stated the instant have an effect on of the referendum end result has been transparent, with a “depreciation-driven inflation spike” expanding the price of residing for families, and seeing industry funding falling.

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