Murray – New figures show Brexit squeeze on living standards

Commenting on new Office for National Statistics labour force figures, which show a 0.5% fall in real wages in the three months to June 2017, Ian Murray MP, leading supporter of Open Britain, said:

“The fall in unemployment is encouraging and while it is great to have more people in work, millions of those in work are having their livelihoods damaged by Brexit. 

“Runaway inflation caused by the plummeting pound is hiking up prices, forcing down real wages and squeezing living standards. 

“The hard Brexit course the Government is charting will make this worse, not better. Leaving the Customs Union and the Single Market will make imports more expensive and cause the price of vital goods like food, petrol and clothing to rise still further.

“Only by retaining membership of the Single Market and Customs Union can we prevent further damage to the living standards of the British people.”