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UK Wages Stagnate 17 Years, Brexit Blamed for Losses

11/22/2025

26 3 Full Breakdown

Summary

Story summary

Real wages in the United Kingdom have stagnated for 17 years as productivity growth lags behind G7 peers.
Economists John Springford and Andrew Sissons attribute this to Brexit's negative impact on trade and GDP and to a lack of successful new industries.
Labour's trade deal with the EU is seen as insufficient, prompting calls to rejoin the single market or customs union to offset about £30 billion in annual losses.

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Story summary

Real wages in the United Kingdom have stagnated for 17 years as productivity growth lags behind G7 peers.
Economists John Springford and Andrew Sissons attribute this to Brexit's negative impact on trade and GDP and to a lack of successful new industries.
Labour's trade deal with the EU is seen as insufficient, prompting calls to rejoin the single market or customs union to offset about £30 billion in annual losses.