The slow economic strangulation of millions of Britons started long before the vote to leave the European Union this year. The reasons are now well known: lower business investment, scared off by Brexit uncertainty, will result in lower productivity and sink wage growth. Real wages will flatline next year and looming benefit cuts will squeeze living standards. Once enough voters lose the sense they are getting ahead and wealth is being sucked up by a tiny elite, trouble lies ahead. Mainstream politicians must understand they have a chance to stop them – but only by sharing wealth and opportunity.
Source: The Guardian November 24, 2016 19:30 UTC