Brexit Boom!! Brexit Boom!!
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Thread: Brexit Boom!!

  1. #1

    More time posting than coding

    Benny's Avatar
    Join Date
    Apr 2006

    Default Brexit Boom!!

    Chickens coming home to roost

    One of Telford's biggest employers has announced plans to hand its staff an inflation-busting pay rise as it looks to tackle labour shortages in the wake of the Brexit vote.

    The company said part of the reason for the pay rise was the falling number of available workers for the factory amidst a Brexit-linked downturn in immigration numbers and falling unemployment figures.
    A sign of things to come post Brexit

  2. #2

    More fingers than teeth

    BlasterBates's Avatar
    Join Date
    Jul 2005
    1922 Commitee


    Indeed the chickens are coming home to roost as Benny so rightly points out. Mark Carney has been fearing of late this could spark inflation just when Britain doesn't need it. Wage rises as a result of labour shortages is the prelude to a recession. The rest of Europe is earning its above inflation wage increases with productivity increases. In economics there is famously no such thing as a free lunch.

    Excellent doom post Benny, just one small criticism is the typo in the header.
    I'm alright Jack

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