Brexit not the key cause of pervasive inflation
Julian Jessop featured in the Telegraph
Julian Jessop quoted by iNews
“Julian Jessop, economics fellow at the libertarian-leaning Institute of Economic Affairs, says Brexit will have played ‘some part’ in driving UK inflation but says there is ‘little evidence of a significant impact.’
“‘The common factor is the continued pass-through of relatively high energy costs in tight labour markets. Of course, some will blame Brexit for the labour shortages. But this is hard to square with record high net immigration,’ he says.”
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