My argument today is simple: our country cannot thrive without a strong economy.
And a strong economy is incompatible with a hard Brexit.
The pound has been falling since the prospect of the referendum was announced in mid-2015, and with average earnings growth set to stall later this year, consumers are inevitably going to feel the Brexit squeeze.
When prices go up and wages do not, millions of people are going to be poorer.
A lot poorer.
The average household is likely to be £500 worse off in 2017 compared to 2016 – and that’s before the Brexit negotiations have even started in earnest.
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