This is one of those situations where I wish betting markets were more common and more legal. If anyone projecting this wanted to offer even odds that British real wages in 2037 will have declined 30% from 2017, I'd be betting multiple bitcoins against them. Maybe I'd turn out to be wrong, but at least then we'd have an opportunity for something that isn't empty rhetoric.
Debt will command higher interest rates as more risk is ascribed to an independent UK, and immigrants from Europe will be replaced with workers from the Indian subcontinent and Africa, who may be willing to accept “substantially” lower pay, he said.
Hmmm, I wonder if there are any other alternatives.