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Wednesday, April 12, 2017

Brexit blow to workers as real pay starts to fall again

Pay growth was weaker than inflation in February, official figures show, signalling a return to falling real pay and a squeeze in living standards * UK inflation stays at three-year high of 2.3% * IMF’s Lagarde: Trump’s trade barriers would be self-inflicted wound 2.21pm BST Here’s a round up of the day’s events. 2.19pm BST Over in Athens, Christine Lagarde’s comments have caused much ado, with some officials regarding the IMF chief’s insistence on debt relief “ a big plus” in ongoing negotiations with creditors. Prime minister Alexis Tsipras’ leftist-led government has from the outset set debt relief as a goal, saying it must be part of an all-conclusive package that will ultimately define Greece’s post-bailout future. Continue reading...


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