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Bloomberg: Brexit?s Pound Drop Hurt Workers Without Boosting Exports
10 June 2019
In sectors where import prices rose because of the drop in sterling, training and wages for workers fell, the paper said. That could have negative long-term implications for productivity, skills and living standards, issues that already plague the U.K., according to authors Rui Costa, Swati Dhingra and Stephen Machin, economists at the Centre for Economic Performance at the London School of Economics.