CEP News: The Independent: Leave to exit: how your money might be affected by Brexit

The Independent:
Leave to exit: how your money might be affected by Brexit

15 June 2016

Last year, a report from the Bank of England supported his comment, suggesting that the wages of low-paid employees in catering, hospitality and care have been driven down by increased competition from EU workers.
However, the Centre for Economic Performance at the London School of Economics, claimed that areas of the UK with large recent increases in EU immigration did not suffer greater falls in pay as a result, but that wages fell as a result of the global financial crisis. It added: ''Immigrants consume goods and services and this increased demand helps to create more employment opportunities.''

This article was published by The Independent on June 15, 2016
Link to article here

Related publications
Brexit and the Impact of Immigration on the UK, Jonathan Wadsworth, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen, CEP Brexit Analysis Series No.5, May 2016
See the complete set of CEP Brexit Analysis research papers here.

Related links
Jonathan Wadsworth webpage
Swati Dhingra webpage
Gianmarco Ottaviano webpage
John Van Reenen webpage
Labour Markets Programme webpage
Trade Programme webpage
Growth Programme webpage

The Independent:Leave to exit: how your money might be affected by Brexit

The Independent:
Leave to exit: how your money might be affected by Brexit