Society, Politics & Law
Autumn Statement 2016: Tories shift to growth strategy in an Ed Balls-style pirouette
...resources could soon be even scarcer if the UK adopts a hard Brexit, with tight immigration controls. In these conditions, firms building the extra houses, roads and railways could find themselves bidding for additional employees and raw materials, driving up costs and prices rather than output and employment. Rising labour costs are, of course, economists’ code for the...