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(RPT)MNI INTERVIEW: UK Labour Supply Hit Likely To Persist

(MNI) London

More UK workers are retiring early, complicating life for the BOE.

(Repeats story published earlier on June 20, clarifying the name of IFS)

An exodus of older workers from the UK labour force is likely to persist, tightening supply side constraints for an economy already facing high inflation and complicating Bank of England monetary policy, associate director at the Institute for Fiscal Studies Jonathan Cribb told MNI.

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(Repeats story published earlier on June 20, clarifying the name of IFS)

An exodus of older workers from the UK labour force is likely to persist, tightening supply side constraints for an economy already facing high inflation and complicating Bank of England monetary policy, associate director at the Institute for Fiscal Studies Jonathan Cribb told MNI.

Keep reading...Show less