![](https://www.cer.eu/sites/default/files/styles/spotlight/public/cost_shopping_trolley_sl_0.jpg?itok=ZZiaWJTw)
Britain is paying a steep inflation price for Brexit
A study from the Centre for European Reform estimated that Brexit has cost the British labour market more than 300,000 workers. Extreme tightness in the labour market has fuelled wage inflation: Three-month wage growth was running at an annual rate of more than 7 per cent in April.