The Institute for Fiscal Studies warns that UK households are facing their worst period for earnings growth since World

The video discusses the economic impact of Brexit, highlighting a £59 billion cost and a significant financial squeeze on households, the worst since WWII. It explores the struggles of lower-income families and the intergenerational wage gap, with older generations seeing wage increases while younger ones face declines. The government is taking steps like raising the national living wage and tax allowances to counteract these issues, but the long-term economic direction remains uncertain.

What is the projected cost of Brexit mentioned in the text?

How have average earnings been affected since 2008 according to the text?

What challenges are lower income families facing as a result of the benefits freeze?

What measures are being taken to counteract the economic squeeze mentioned in the text?

What does the text suggest about the future of the UK economy?