The Institute for Fiscal Studies warns that UK households are facing their worst period for earnings growth since World

The video discusses the economic impact of Brexit, highlighting a £59 billion cost and a significant financial squeeze on households, the worst since WWII. It explores the struggles of lower-income families and the intergenerational wage gap, with older generations seeing wage increases while younger ones face declines. The government is taking steps like raising the national living wage and tax allowances to counteract these issues, but the long-term economic direction remains uncertain.

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