The Governor of the Bank of England, Mark Carney, today described how real household incomes are about £900 lower than forecast in May 2016, as a result of the Brexit vote.
He made the comments during an appearance before the parliamentary Treasury Committee.
Commenting, Wes Streeting MP, member of the Treasury Committee and leading supporter of the People’s Vote campaign, said:
“Brexit is already costing every person in this country hundreds of pounds in lower income, and we haven’t even left yet.
“The Governor of the Bank of England is quite clear that the Brexit vote has left us all poorer and worse-off, and the Government’s botched Brexit negotiations threaten to make the situation even worse for generations to come.
“Evidence like this demonstrates exactly why we need a People’s Vote on the final Brexit deal.”
Notes to editors
Mark Carney’s comments were reported here.