UK faces two decades of no earnings growth, IFS warns
(The Guardian Money News)

Thinktank says budget shows Brexit uncertainty and loss of productivity could put wages below their 2008 level in 2022The UK is in danger of suffering two decades of zero earnings growth as it struggles to cope with Brexit uncertainty and a loss of productivity, the Institute for Fiscal Studies has warned.The thinktank said a downgrade in productivity and average wages for the next five years by the Treasury´s official forecaster, the Office for Budget Responsibility (OBR), would lead to an unprecedented period of flat earnings growth. Continue reading...