Unfortunately for us, this decimation in the standard of living is unique to the UK. Not only have real wages struggled since 2008, we now have the poorest rate of social mobility of any advanced major economy. Our future is uncertain, and that can’t just be blamed on Brexit. Edward Smith, Rathbones’ head of asset allocation research, discussed his concerns about our small but troubled economy and considered our future at our annual investment conference.
Chart of the week: Feeling short changed?
22 March 2019
Article last updated 19 February 2023.
Unfortunately for us, this decimation in the standard of living is unique to the UK. Not only have real wages struggled since 2008, we now have the poorest rate of social mobility of any advanced major economy. Our future is uncertain, and that can’t just be blamed on Brexit. Edward Smith, Rathbones’ head of asset allocation research, discussed his concerns about our small but troubled economy and considered our future at our annual investment conference.
