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Families £900 Worse Off After Brexit Vote

Tuesday, May 22, 2018

 

GMB CRITICISES GOVERNMENT’S BREXIT PLAN AS MARK CARNEY TELLS MPS FAMILIES WORSE OFF BY £900 

Being £900 worse off might not seem a lot to Tory cabinet ministers but for many people it pays for a family’s summer holiday says GMB

GMB, Britain’s general union, has criticised the Government’s approach to Brexit after Mark Carney told MPs that the vote to leave the EU referendum has so far cost each UK household £900.

The governor of the Bank of England made his remarks while giving evidence of a committee of MPs, stating his belief that the effects of the EU referendum in June 2016 had lowered the UK's GDP by 2%. [1]

Tim Roache, GMB General Secretary, said:

“Being £900 worse off might not seem a lot to Tory cabinet ministers but for many people it pays for their family’s summer holiday.

“The Government’s approach to Brexit simply hasn’t focused enough on people’s jobs and living standards.

“This adds salt to the wounds for working people who are still being made to pay for a financial crisis caused by bankers ten years ago.”

ENDS

Contact: GMB Press Office on 07958 156846 or at press.office@gmb.org.uk

Notes to editors:

[1] https://news.sky.com/story/carney-sees-a-900-brexit-cost-to-household-incomes-11381658

 

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