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Brexit to Lower U.K. Real Incomes by 2% by 2018, Report Says

  • Low-paid Britons to see wages rise 0.2-0.6% if migration cut
  • Bank of England forecasts show weaker growth, faster inflation

Brexit will hit the earnings of lower-paid U.K. workers even if the supply of foreign labor is reduced by tough cuts to inward migration, according to the Resolution Foundation.

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